Post Utme Noun 2022 Economics Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Noun Economics examination.

Post Utme Noun 2022 Economics Objective / Multiple Choice
Question 12 POST_UTME_NOUN • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the firm's marginal revenue (MR) is 50, what is its marginal \cost (MC)?

Answer Options

A. 25
Correct Answer B. 50
C. 75
D. 100
Correct Answer
B
Correct Option:
50

About This Question

This is Post Utme Noun 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Noun Economics examination.

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