Post Utme Mountain Top University 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. If the firm's marginal \cost (MC) is cons\tant at ₦20, what is the profit-maximizing output level?

Answer Options

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

About This Question

This is Post Utme Mountain Top University 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Mountain Top University Economics examination.

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