Post Utme Ims U 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Ims U Economics examination.

Post Utme Ims U 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_IMS_U • 2025 • ECONOMICS • objective

A firm faces a demand curve given by Q = 100 - 2P. If the firm's marginal \cost (MC) is cons\tant at ₦10, what is the optimal price \( P* \) at which the firm should produce?

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 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Ims U Economics examination.

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