Post Utme Crawford University 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 33 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal revenue is ₦50, what is the price?

Answer Options

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

About This Question

This is Post Utme Crawford University 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

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