Post Utme Covenant University 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2018 Economics Objective / Multiple Choice
Question 4 POST_UTME_COVENANT_UNIVERSITY • 2018 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the firm's marginal revenue (MR) is given by MR = 200 - 4Q, what is the firm's marginal \cost (MC)?

Answer Options

Correct Answer A. 50 - 2Q
B. 100 - 2Q
C. 200 - 4Q
D. 300 - 6Q
Correct Answer
A
Correct Option:
50 - 2Q

About This Question

This is Post Utme Covenant University 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Covenant University Economics examination.

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