Post Utme Lasu 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_LASU • 2025 • ECONOMICS • objective

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

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 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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