Post Utme Lasu 2023 Economics Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Lasu Economics examination.

Post Utme Lasu 2023 Economics Objective / Multiple Choice
Question 33 POST_UTME_LASU • 2023 • ECONOMICS • objective

A monopolist is facing a demand curve given by Q = 100 - 2P. If the firm's marginal revenue is ₦50, what is its price?

Answer Options

A. ₦25
Correct Answer B. ₦30
C. ₦35
D. ₦40
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Lasu 2023 Economics Question 33. It is one of the objective questions from the 2023 Post Utme Lasu Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support