Post Utme Futa 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice
Question 18 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A firm is operating in a perfectly competitive market. If the market price is $10, and the firm's marginal \cost (MC) is given by MC = 2 + 0.5Q, where Q is the quantity produced, 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 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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