Post Utme Esut 2024 Economics Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Esut Economics examination.

Post Utme Esut 2024 Economics Objective / Multiple Choice
Question 18 POST_UTME_ESUT • 2024 • ECONOMICS • objective

A monopoly firm faces a demand curve given by P = 100 - 2Q. If the firm's marginal \cost is ₦20 per unit, what is the firm's optimal output?

Answer Options

Correct Answer A. 40 units
B. 60 units
C. 80 units
D. 20 units
Correct Answer
A
Correct Option:
40 units

About This Question

This is Post Utme Esut 2024 Economics Question 18. It is one of the objective questions from the 2024 Post Utme Esut Economics examination.

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