Post Utme Bowen University 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_BOWEN_UNIVERSITY • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The firm's marginal \cost is given by MC = 10 + 2Q. What is the profit-maximizing quantity of output?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Bowen University 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Bowen University Economics examination.

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