Post Utme Lasu 2025 Economics Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 36 POST_UTME_LASU • 2025 • ECONOMICS • objective

A monopolistically competitive firm faces a demand curve given by Q = 100 - 2P. The firm's marginal revenue (MR) function is MR = 50 - 2Q. Find the firm's profit-maximizing output level.

Answer Options

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

About This Question

This is Post Utme Lasu 2025 Economics Question 36. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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