Post Utme Joseph Ayo Babalola University 2025 Economics Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 15 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist's demand function is given by Q = 100 - 2P. If the monopolist's output is 60 units, what is the monopolist's 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 Joseph Ayo Babalola University 2025 Economics Question 15. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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