Post Utme Ksu 2020 Economics Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Ksu Economics examination.

Post Utme Ksu 2020 Economics Objective / Multiple Choice
Question 2 POST_UTME_KSU • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The marginal \cost is cons\tant at ₦50. What is the profit-maximizing quantity?

Answer Options

A. 20 units
B. 30 units
Correct Answer C. 40 units
D. 50 units
Correct Answer
C
Correct Option:
40 units

About This Question

This is Post Utme Ksu 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.

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