Post Utme Coal City University 2017 Commerce Question 20
Practice objective / multiple choice question 20 from the 2017 Post Utme Coal City University Commerce examination.
A firm's demand function is given by Q = 100 - 2P, where Q is the quantity demanded and P is the 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 Coal City University 2017 Commerce Question 20. It is one of the objective questions from the 2017 Post Utme Coal City University Commerce examination.
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