Post Utme Ims U 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Ims U Economics examination.

Post Utme Ims U 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_IMS_U • 2022 • ECONOMICS • objective

A firm is facing a market demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. What is the firm's profit-maximizing price?

Answer Options

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

About This Question

This is Post Utme Ims U 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Ims U Economics examination.

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