Post Utme Pan Atlantic University 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2020 Economics Objective / Multiple Choice
Question 30 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ECONOMICS • objective

A firm is operating in a monopoly market with a demand curve given by P = 100 - 2Q. If the firm's marginal \cost is cons\tant at ₦20, what is the firm's optimal quantity of output?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Economics examination.

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