Post Utme Delsu 2023 Economics Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Delsu Economics examination.

Post Utme Delsu 2023 Economics Objective / Multiple Choice
Question 20 POST_UTME_DELSU • 2023 • ECONOMICS • objective

A firm's supply curve is given by Q = 2P + 10. The firm's marginal revenue (MR) is given by MR = 200 - 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 20. It is one of the objective questions from the 2023 Post Utme Delsu Economics examination.

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