Post Utme Ksu 2022 Economics Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Ksu Economics examination.

Post Utme Ksu 2022 Economics Objective / Multiple Choice
Question 31 POST_UTME_KSU • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. If the monopolist sets a price of ₦50, what is the profit-maximizing quantity of output?

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 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Ksu Economics examination.

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