Post Utme Ims U 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Ims U Economics examination.

Post Utme Ims U 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_IMS_U • 2018 • ECONOMICS • objective

A firm's marginal revenue function is \( MR = 100 - 2Q \) and its marginal \cost function is \( MC = 20 + 3Q \). If the firm is producing 10 units, what is its marginal profit?

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 Ims U 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Ims U Economics examination.

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