Post Utme Ksu 2018 Economics Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice
Question 38 POST_UTME_KSU • 2018 • ECONOMICS • objective

A firm's demand curve is given by the equation Q = 100 - 2P, where P is the price. If the firm wants to maximize its revenue, what is the price at which it should sell its product?

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 2018 Economics Question 38. It is one of the objective questions from the 2018 Post Utme Ksu Economics examination.

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