Post Utme Osustech 2021 Commerce Question 5
Practice objective / multiple choice question 5 from the 2021 Post Utme Osustech Commerce examination.
A firm is operating in a market with a demand curve given by Q = 100 - 2P. If the firm's marginal cost (MC) is ₦20 and the fixed cost is ₦50,000, what is the optimal quantity it should produce?
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About This Question
This is Post Utme Osustech 2021 Commerce Question 5. It is one of the objective questions from the 2021 Post Utme Osustech Commerce examination.
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