Post Utme Coal City University 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The firm's marginal \cost is ₦50 per unit. What is the profit-maximizing quantity?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Coal City University 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Coal City University Economics examination.

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