Post Utme Coal City University 2021 Economics Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2021 Economics Objective / Multiple Choice
Question 21 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. The monopolist's marginal \cost is MC = 10. If the monopolist produces 50 units, what is the consumer surplus?

Answer Options

Correct Answer A. ₦2500
B. ₦3000
C. ₦3500
D. ₦4000
Correct Answer
A
Correct Option:
₦2500

About This Question

This is Post Utme Coal City University 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Coal City University Economics examination.

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