Post Utme Coal City University 2022 Economics Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2022 Economics Objective / Multiple Choice
Question 9 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist is facing a demand curve with the following equation: Q = 100 - 2P. The monopolist's marginal \cost (MC) is ₦50. What is the monopolist's profit-maximizing price?

Answer Options

A. ₦50
Correct Answer B. ₦60
C. ₦70
D. ₦80
Correct Answer
B
Correct Option:
₦60

About This Question

This is Post Utme Coal City University 2022 Economics Question 9. It is one of the objective questions from the 2022 Post Utme Coal City University Economics examination.

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