Post Utme Osustech 2017 Economics Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Osustech Economics examination.

Post Utme Osustech 2017 Economics Objective / Multiple Choice
Question 9 POST_UTME_OSUSTECH • 2017 • ECONOMICS • objective

A monopolist is facing a demand curve given by Q = 100 - 2P. If the firm's marginal \cost is MC = ₦10, what is the firm's optimal price?

Answer Options

A. ₦40
B. ₦50
Correct Answer C. ₦60
D. ₦70
Correct Answer
C
Correct Option:
₦60

About This Question

This is Post Utme Osustech 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Osustech Economics examination.

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