Post Utme Futo 2025 Economics Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Futo Economics examination.

Post Utme Futo 2025 Economics Objective / Multiple Choice
Question 11 POST_UTME_FUTO • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. Find the profit-maximizing quantity and price.

Answer Options

A. 50 units, ₦150
Correct Answer B. 75 units, ₦100
C. 100 units, ₦50
D. 25 units, ₦200
Correct Answer
B
Correct Option:
75 units, ₦100

About This Question

This is Post Utme Futo 2025 Economics Question 11. It is one of the objective questions from the 2025 Post Utme Futo Economics examination.

View More Post Utme Futo 2025 Economics Questions More Post Utme Futo Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support