Post Utme Futa 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A firm is a monopoly and its demand function is given by Q = 100 - 2P. If the firm's marginal \cost is MC = 10, what is the firm's optimal price?

Answer Options

A. ₦50
Correct Answer B. ₦60
C. ₦70
D. ₦80
Correct Answer
B
Correct Option:
₦60

About This Question

This is Post Utme Futa 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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