Post Utme Crawford University 2017 Economics Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2017 Economics Objective / Multiple Choice

Question 9 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ECONOMICS • objective

A monopolist has a \cost function C = 100 + 2Q and a revenue function R = 20Q. What is the monopolist's profit-maximizing output?

Answer Options

A. Q = 10

Correct Answer B. Q = 20

C. Q = 30

D. Q = 40

Correct Answer

Correct Option:

Q = 20

About This Question

This is Post Utme Crawford University 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Crawford University Economics examination.

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