Post Utme Nile University 2025 Economics Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Nile University Economics examination.

Post Utme Nile University 2025 Economics Objective / Multiple Choice

Question 21 POST_UTME_NILE_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. U\sing the concept of returns to scale, determine the optimal price and quantity for the monopolist to produce.

Answer Options

A. P = 50, Q = 25

Correct Answer B. P = 75, Q = 12.5

C. P = 100, Q = 0

D. P = 0, Q = 50

Correct Answer

Correct Option:

P = 75, Q = 12.5

About This Question

This is Post Utme Nile University 2025 Economics Question 21. It is one of the objective questions from the 2025 Post Utme Nile University Economics examination.

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