Post Utme Ksu 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Ksu Economics examination.

Post Utme Ksu 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_KSU • 2017 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. If the firm's marginal revenue is 50, find the price at which the firm's total revenue 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 23. It is one of the objective questions from the 2017 Post Utme Ksu Economics examination.

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