Post Utme Bells University 2019 Economics Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Bells University Economics examination.

Post Utme Bells University 2019 Economics Objective / Multiple Choice

Question 13 POST_UTME_BELLS_UNIVERSITY • 2019 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. The firm's marginal \cost (MC) is ₦50. What is the profit-maximizing price?

Answer Options

A. ₦75

B. ₦80

Correct Answer C. ₦85

D. ₦90

Correct Answer

Correct Option:

₦85

About This Question

This is Post Utme Bells University 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Bells University Economics examination.

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