Post Utme Elizade University 2020 Economics Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2020 Economics Objective / Multiple Choice
Question 11 POST_UTME_ELIZADE_UNIVERSITY • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. What is the profit-maximizing quantity of output?

Answer Options

A. 50
B. 75
Correct Answer C. 100
D. 125
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Elizade University 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Elizade University Economics examination.

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