Post Utme Futa 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A monopolist produces a product with a demand function P = 100 - 2Q and a \cost function C = 20 + 10Q. Determine the profit-maximizing quantity and price of the product.

Answer Options

Correct Answer A. Q = 20, P = 80
B. Q = 30, P = 70
C. Q = 40, P = 60
D. Q = 50, P = 50
Correct Answer
A
Correct Option:
Q = 20, P = 80

About This Question

This is Post Utme Futa 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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