Post Utme Bsu 2020 Economics Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Bsu Economics examination.

Post Utme Bsu 2020 Economics Objective / Multiple Choice
Question 21 POST_UTME_BSU • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. U\sing the first-order condition for profit maximization, find the price at which the monopolist will produce 20 units.

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 Bsu 2020 Economics Question 21. It is one of the objective questions from the 2020 Post Utme Bsu Economics examination.

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