Post Utme Elizade University 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2025 Economics Objective / Multiple Choice
Question 33 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the firm's marginal revenue is ₦50, what is its price?

Answer Options

A. ₦25
Correct Answer B. ₦30
C. ₦35
D. ₦40
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Elizade University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.

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