Post Utme Nile University 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Nile University Economics examination.

Post Utme Nile University 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_NILE_UNIVERSITY • 2025 • ECONOMICS • objective

A perfectly competitive firm faces a supply curve given by Q = 2P + 5. If the firm's marginal \cost is ₦10, what is the firm's optimal price?

Answer Options

A. ₦15
B. ₦20
Correct Answer C. ₦25
D. ₦30
Correct Answer
C
Correct Option:
₦25

About This Question

This is Post Utme Nile University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Nile University Economics examination.

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