Post Utme Mountain Top University 2017 Economics Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2017 Economics Objective / Multiple Choice
Question 36 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ECONOMICS • objective

A firm is operating in a monopoly market with a demand function given by P = 100 - 2Q. The firm's marginal \cost (MC) is $20. What is the optimal quantity to produce?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Mountain Top University 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Mountain Top University Economics examination.

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