Post Utme Eksu 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A monopolist's demand function is given by Q = 100 - 2P. If the firm's marginal \cost is ₦20, what is the monopolist's optimal price?

Answer Options

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

About This Question

This is Post Utme Eksu 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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