Post Utme Futa 2022 Economics Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Futa Economics examination.

Post Utme Futa 2022 Economics Objective / Multiple Choice
Question 32 POST_UTME_FUTA • 2022 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. If the firm's marginal \cost is cons\tant at 10, what is the profit-maximizing price?

Answer Options

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

About This Question

This is Post Utme Futa 2022 Economics Question 32. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.

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