Post Utme Bsu 2023 Economics Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice
Question 30 POST_UTME_BSU • 2023 • ECONOMICS • objective

A monopolist faces a demand curve given by Qd = 100 - 2P and a marginal \cost curve given by MC = 10 + 2Q. If the firm produces 20 units, what is the consumer surplus?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Bsu 2023 Economics Question 30. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.

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