Post Utme Lasu 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_LASU • 2025 • ECONOMICS • objective

A firm's demand curve for a good is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal \cost is 10, what is the profit-maximizing 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 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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