Post Utme Elizade University 2023 Economics Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2023 Economics Objective / Multiple Choice
Question 39 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ECONOMICS • objective

A monopolist faces a demand curve given by \( Q = 100 - 2P \). If the marginal \cost is ₦20, what is the optimal quantity?

Answer Options

A. 50 units
B. 60 units
Correct Answer C. 70 units
D. 80 units
Correct Answer
C
Correct Option:
70 units

About This Question

This is Post Utme Elizade University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Elizade University Economics examination.

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