Post Utme Pan Atlantic University 2020 Economics Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2020 Economics Objective / Multiple Choice
Question 37 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. The marginal revenue function is MR = 50 - 2P. Find the price at which the monopolist will produce 80 units.

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2020 Economics Question 37. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Economics examination.

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