Post Utme Ims U 2021 Economics Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 22 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A monopolist produces a good with a cons\tant marginal \cost of ₦10 and a demand curve given by Q = 100 - 2P. If the monopolist produces 20 units of the good, what is the consumer surplus?

Answer Options

A. ₦1000
Correct Answer B. ₦2000
C. ₦3000
D. ₦4000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Ims U 2021 Economics Question 22. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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