Post Utme Caleb University 2019 Economics Question 13
Practice objective / multiple choice question 13 from the 2019 Post Utme Caleb University Economics examination.
A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal revenue function is MR = 200 - 4Q, what is the firm's optimal price?
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About This Question
This is Post Utme Caleb University 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Caleb University Economics examination.
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