Post Utme Futa 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A monopolistically competitive firm faces a demand curve with a cons\tant elasticity of -2. If the firm's marginal revenue (MR) is given by MR = 100 - 2Q, where Q is the quantity sold, what is the firm's optimal quantity?

Answer Options

A. 50
Correct Answer B. 75
C. 100
D. 125
Correct Answer
B
Correct Option:
75

About This Question

This is Post Utme Futa 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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