Post Utme Coal City University 2017 Economics Question 9
Practice objective / multiple choice question 9 from the 2017 Post Utme Coal City 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 (MR) function is given by MR = -2, what is the firm's optimal price?
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About This Question
This is Post Utme Coal City University 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.
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