Post Utme Ksu 2017 Economics Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Ksu Economics examination.

Post Utme Ksu 2017 Economics Objective / Multiple Choice
Question 22 POST_UTME_KSU • 2017 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2q. If the firm's marginal \cost is 10, find the quantity at which the firm's profit is maximized.

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 Ksu 2017 Economics Question 22. It is one of the objective questions from the 2017 Post Utme Ksu Economics examination.

View More Post Utme Ksu 2017 Economics Questions More Post Utme Ksu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support