Post Utme Noun 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Noun Economics examination.

Post Utme Noun 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_NOUN • 2024 • ECONOMICS • objective

A monopolist faces a demand curve given by p = 100 - 2q. If the firm produces 20 units, what is the consumer surplus?

Answer Options

A. ₦1000
Correct Answer B. ₦2000
C. ₦3000
D. ₦4000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Noun 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Noun Economics examination.

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