Post Utme Oau 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_OAU • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - Q. The firm's marginal \cost is given by MC = 10 + 2Q. What is the profit-maximizing quantity produced?

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 Oau 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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