Post Utme Noun 2024 Economics Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Noun Economics examination.

Post Utme Noun 2024 Economics Objective / Multiple Choice
Question 3 POST_UTME_NOUN • 2024 • ECONOMICS • objective

A monopolist faces a demand curve given by the equation \( p = 100 - 2q \). The firm's marginal \cost is ₦50. What is the monopolist's profit-maximizing quantity?

Answer Options

A. 50 units
Correct Answer B. 75 units
C. 100 units
D. 125 units
Correct Answer
B
Correct Option:
75 units

About This Question

This is Post Utme Noun 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Noun Economics examination.

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