Post Utme Crawford University 2018 Economics Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 22 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2q. If the firm's marginal \cost is MC(q) = 10, what is the monopolist's profit-maximizing quantity of output?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Crawford University 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

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