Post Utme Futo 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Futo Economics examination.

Post Utme Futo 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_FUTO • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by the equation Qd = 100 - 2P and a marginal revenue curve given by the equation MR = 200 - 4P. What is the price at which the monopolist will maximize profits?

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 Futo 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Futo Economics examination.

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