Post Utme Futa 2019 Commerce Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Futa Commerce examination.

Post Utme Futa 2019 Commerce Objective / Multiple Choice
Question 9 POST_UTME_FUTA • 2019 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's marginal revenue is 50, what is the firm's price?

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 2019 Commerce Question 9. It is one of the objective questions from the 2019 Post Utme Futa Commerce examination.

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