Post Utme Delsu 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Delsu Economics examination.

Post Utme Delsu 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_DELSU • 2023 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. The firm's marginal \cost (MC) is given by MC = 5 + 2Q. Find the profit-maximizing quantity and price.

Answer Options

A. ₦200
B. ₦250
Correct Answer C. ₦300
D. ₦350
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Delsu 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Delsu Economics examination.

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