Post Utme Caleb University 2017 Economics Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2017 Economics Objective / Multiple Choice
Question 17 POST_UTME_CALEB_UNIVERSITY • 2017 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the firm's marginal revenue (MR) is 50, what is its marginal \cost (MC)?

Answer Options

A. 25
Correct Answer B. 50
C. 75
D. 100
Correct Answer
B
Correct Option:
50

About This Question

This is Post Utme Caleb University 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Caleb University Economics examination.

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