Post Utme Mountain Top University 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice
Question 33 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve with the following equation: Q = 100 - 2P. Which of the following is the marginal revenue (MR) function?

Answer Options

A. MR = 2
B. MR = 2Q
Correct Answer C. MR = 100 - 2Q
D. MR = 200 - 4Q
Correct Answer
C
Correct Option:
MR = 100 - 2Q

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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