Post Utme Futa 2017 Economics Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Futa Economics examination.

Post Utme Futa 2017 Economics Objective / Multiple Choice
Question 14 POST_UTME_FUTA • 2017 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. The firm's marginal revenue curve is MR = 20 - 2Q. What is the firm's optimal quantity?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Futa 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Futa Economics examination.

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