Post Utme Crawford University 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ECONOMICS • objective

A monopolist faces a demand curve given by the equation p = 100 - 2x, where x is the quantity of output. If the firm's marginal \cost is ₦20, find the profit-maximizing level of output.

Answer Options

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

About This Question

This is Post Utme Crawford University 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Crawford University Economics examination.

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