Post Utme Delsu 2024 Economics Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Delsu Economics examination.

Post Utme Delsu 2024 Economics Objective / Multiple Choice
Question 24 POST_UTME_DELSU • 2024 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. The firm's marginal \cost (MC) is ₦50. What is the firm's profit-maximizing price?

Answer Options

A. ₦40
B. ₦50
Correct Answer C. ₦60
D. ₦70
Correct Answer
C
Correct Option:
₦60

About This Question

This is Post Utme Delsu 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Delsu Economics examination.

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