Post Utme Bsu 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_BSU • 2025 • ECONOMICS • objective

A monopolist is facing a demand curve with a cons\tant elasticity of -3. If the firm's marginal revenue (MR) is 300, and its marginal \cost (MC) is 200, what is the optimal quantity of output (Q) that the firm should produce?

Answer Options

A. 400
B. 500
Correct Answer C. 600
D. 700
Correct Answer
C
Correct Option:
600

About This Question

This is Post Utme Bsu 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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