Post Utme Nile University 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Nile University Economics examination.

Post Utme Nile University 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_NILE_UNIVERSITY • 2018 • ECONOMICS • objective

A monopolist faces a demand curve given by p = 100 - 2q. The marginal revenue function is given by MR(q) = 100 - 4q. What is the profit-maximizing quantity?

Answer Options

A. q = 10
Correct Answer B. q = 15
C. q = 20
D. q = 25
Correct Answer
B
Correct Option:
q = 15

About This Question

This is Post Utme Nile University 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.

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