Post Utme Noun 2017 Economics Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Noun Economics examination.

Post Utme Noun 2017 Economics Objective / Multiple Choice
Question 13 POST_UTME_NOUN • 2017 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the marginal \cost is ₦10, what is the profit-maximizing price?

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 Noun 2017 Economics Question 13. It is one of the objective questions from the 2017 Post Utme Noun Economics examination.

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