Post Utme Esut 2024 Economics Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Esut Economics examination.

Post Utme Esut 2024 Economics Objective / Multiple Choice
Question 9 POST_UTME_ESUT • 2024 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - P. The firm's marginal \cost (MC) is cons\tant at ₦50. What is the firm's optimal price?

Answer Options

A. ₦75
B. ₦100
Correct Answer C. ₦125
D. ₦150
Correct Answer
C
Correct Option:
₦125

About This Question

This is Post Utme Esut 2024 Economics Question 9. It is one of the objective questions from the 2024 Post Utme Esut Economics examination.

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