Post Utme Nile University 2024 Economics Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Nile University Economics examination.

Post Utme Nile University 2024 Economics Objective / Multiple Choice
Question 24 POST_UTME_NILE_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's demand curve is given by P = 100 - 2q. The firm's marginal \cost is MC(q) = 10 + 2q. Find the firm's profit-maximizing quantity of output.

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 Nile University 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Nile University Economics examination.

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