Post Utme Lasu 2018 Economics Question 38

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

Post Utme Lasu 2018 Economics Objective / Multiple Choice
Question 38 POST_UTME_LASU • 2018 • ECONOMICS • objective

A monopolist is producing a good with a marginal revenue of ₦100 and a marginal \cost of ₦80. What is the profit-maximizing quantity of the good?

Answer Options

A. 10 units
B. 20 units
Correct Answer C. 30 units
D. 40 units
Correct Answer
C
Correct Option:
30 units

About This Question

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

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