Post Utme Lasu 2020 Economics Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Lasu Economics examination.

Post Utme Lasu 2020 Economics Objective / Multiple Choice
Question 22 POST_UTME_LASU • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Qd = 100 - 2P and a \cost function C(Q) = 10Q + 5Q^2. What is the profit-maximizing quantity of output?

Answer Options

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

About This Question

This is Post Utme Lasu 2020 Economics Question 22. It is one of the objective questions from the 2020 Post Utme Lasu Economics examination.

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