Post Utme Caleb University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and has a cons\tant marginal \cost of ₦50 per unit. If the firm produces 50 units, what is the profit-maximizing price?

Answer Options

A. ₦75
B. ₦80
C. ₦85
Correct Answer D. ₦90
Correct Answer
D
Correct Option:
₦90

About This Question

This is Post Utme Caleb University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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