Post Utme Futo 2020 Economics Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 12 POST_UTME_FUTO • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2q. If the firm's marginal \cost is 10, what is the optimal quantity to produce?

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 Futo 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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