Post Utme Christopher University 2025 Economics Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2025 Economics Objective / Multiple Choice
Question 10 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. If the firm's marginal revenue (MR) is given by MR = 200 - 4P, what is the price at which the firm's marginal revenue equals its marginal \cost (MC)?

Answer Options

A. ₦50
Correct Answer B. ₦75
C. ₦100
D. ₦125
Correct Answer
B
Correct Option:
₦75

About This Question

This is Post Utme Christopher University 2025 Economics Question 10. It is one of the objective questions from the 2025 Post Utme Christopher University Economics examination.

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