Post Utme Oau 2018 Economics Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 34 POST_UTME_OAU • 2018 • ECONOMICS • objective

A firm faces a demand curve given by P = 100 - 2Q. If the firm's marginal \cost is MC = 20 + 2Q, what is the firm's optimal quantity of output?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Oau 2018 Economics Question 34. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

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