Post Utme Osustech 2020 Economics Question 33
Practice objective / multiple choice question 33 from the 2020 Post Utme Osustech Economics examination.
A firm's supply function is given by Q = 50 + 2P, where Q is quantity supplied and P is price. If the firm's marginal \cost is ₦30, what is the firm's optimal price?
Answer Options
About This Question
This is Post Utme Osustech 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Osustech Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.