Post Utme Babcock University 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_BABCOCK_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. If the firm's marginal revenue (MR) is 20, what is its marginal \cost (MC)?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Babcock University 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Babcock University Economics examination.

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