Post Utme Oau 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Oau Economics examination.

Post Utme Oau 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_OAU • 2025 • ECONOMICS • objective
Post Utme Oau 2025 Economics Question 25 diagram

A firm is a pure monopolist in a market with a demand curve given by P = 100 - 2Q. The firm's marginal \cost curve is given by MC = 10. What is the firm's optimal quantity and price?

Answer Options

Correct Answer A. Q = 20, P = ₦80
B. Q = 30, P = ₦70
C. Q = 40, P = ₦60
D. Q = 50, P = ₦50
Correct Answer
A
Correct Option:
Q = 20, P = ₦80

About This Question

This is Post Utme Oau 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Oau Economics examination.

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