Post Utme Bsu 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Bsu Economics examination.

Post Utme Bsu 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_BSU • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The firm's marginal \cost is MC = 20. What is the monopolist's profit?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1500
D. 1800
Correct Answer
C
Correct Option:
1500

About This Question

This is Post Utme Bsu 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Bsu Economics examination.

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