Post Utme Greenfield University 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • ECONOMICS • objective

A monopolist faces a demand curve given by \( P = 100 - 2Q \). If the firm's marginal revenue function is \( MR = 100 - 4Q \), what is the firm's optimal quantity?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Greenfield University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Greenfield University Economics examination.

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