Post Utme Esut 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Esut Economics examination.

Post Utme Esut 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_ESUT • 2017 • ECONOMICS • objective

A firm is a pure monopolist with a demand curve given by Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the firm's marginal revenue is ₦50 per unit, what is the price at which the firm will produce 50 units?

Answer Options

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

About This Question

This is Post Utme Esut 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Esut Economics examination.

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