Post Utme Coal City University 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice

Question 22 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A monopolist faces a demand curve with the following equation: Q = 100 - 2P. What is the monopolist's marginal revenue (MR) function?

Answer Options

Correct Answer A. MR = 100 - 2Q

B. MR = 100 - Q

C. MR = 100 - 2P

D. MR = 100 + 2Q

Correct Answer

Correct Option:

MR = 100 - 2Q

About This Question

This is Post Utme Coal City University 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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