Post Utme Ims U 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Ims U Economics examination.

Post Utme Ims U 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_IMS_U • 2022 • ECONOMICS • objective

A monopolist has a demand function Q = 100 - 2P and a marginal revenue function MR = 200 - 2P. What is the monopolist's optimal price and quantity?

Answer Options

Correct Answer A. (₦50, 75)
B. (₦75, 50)
C. (₦100, 25)
D. (₦25, 100)
Correct Answer
A
Correct Option:
(₦50, 75)

About This Question

This is Post Utme Ims U 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Ims U Economics examination.

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