Post Utme Delsu 2020 Economics Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Delsu Economics examination.

Post Utme Delsu 2020 Economics Objective / Multiple Choice
Question 2 POST_UTME_DELSU • 2020 • ECONOMICS • objective

A perfectly competitive firm's marginal revenue (MR) is given by the equation MR = 50 - 0.5x. If the firm's marginal \cost (MC) is 20, what is the profit-maximizing quantity of output?

Answer Options

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

About This Question

This is Post Utme Delsu 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Delsu Economics examination.

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