Post Utme Lasu 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 2 POST_UTME_LASU • 2021 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the firm's marginal \cost is MC = 10, what is the optimal price?

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 Lasu 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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