Post Utme Bells University 2022 Economics Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Bells University Economics examination.

Post Utme Bells University 2022 Economics Objective / Multiple Choice
Question 35 POST_UTME_BELLS_UNIVERSITY • 2022 • ECONOMICS • objective

A firm has a demand curve given by Q = 100 - 2P and a marginal \cost curve given by MC = 5. If the firm produces 20 units of the good, what is the profit?

Answer Options

A. ₦1,000
B. ₦2,000
Correct Answer C. ₦3,000
D. ₦4,000
Correct Answer
C
Correct Option:
₦3,000

About This Question

This is Post Utme Bells University 2022 Economics Question 35. It is one of the objective questions from the 2022 Post Utme Bells University Economics examination.

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