Post Utme Osustech 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Osustech Economics examination.

Post Utme Osustech 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_OSUSTECH • 2025 • ECONOMICS • objective

A monopolist's inverse demand function is given by P = 100 - 2Q. If the firm's marginal \cost is 20, what is the profit-maximizing price?

Answer Options

A. 80
B. 90
Correct Answer C. 100
D. 110
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Osustech 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Osustech Economics examination.

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