Post Utme Greenfield University 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2025 Economics Objective / Multiple Choice
Question 20 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The marginal revenue (MR) function is given by MR = 100 - 4Q. Find the profit-maximizing price.

Answer Options

A. 50
B. 60
Correct Answer C. 70
D. 80
Correct Answer
C
Correct Option:
70

About This Question

This is Post Utme Greenfield University 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Greenfield University Economics examination.

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