Post Utme Osustech 2018 Economics Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Osustech Economics examination.

Post Utme Osustech 2018 Economics Objective / Multiple Choice
Question 7 POST_UTME_OSUSTECH • 2018 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q, where P is price and Q is quantity. If the marginal \cost is ₦50, what is the optimal quantity produced?

Answer Options

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

About This Question

This is Post Utme Osustech 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Osustech Economics examination.

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