Post Utme Coal City University 2024 Economics Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. The firm's marginal revenue curve is given by MR = 200 - 2Q. What is the firm's equilibrium 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 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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