Post Utme Crawford University 2022 Economics Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2022 Economics Objective / Multiple Choice
Question 32 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist produces a good with a marginal \cost of ₦10 and a price of ₦20. What is the profit-maximizing quantity of the good?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Crawford University 2022 Economics Question 32. It is one of the objective questions from the 2022 Post Utme Crawford University Economics examination.

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