Post Utme Coal City University 2017 Commerce Question 18
Practice objective / multiple choice question 18 from the 2017 Post Utme Coal City University Commerce examination.
A company's supply function is given by Q = 2P + 100, where Q is the quantity supplied and P is the price. If the company's marginal cost function is MC = 2P + 200, what is the company's optimal price?
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About This Question
This is Post Utme Coal City University 2017 Commerce Question 18. It is one of the objective questions from the 2017 Post Utme Coal City University Commerce examination.
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