Post Utme Pan Atlantic University 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's demand curve is given by \( Q = 100 - 2P \). If the firm's marginal revenue curve is given by \( MR = 200 - 2Q \), what is the firm's marginal \cost curve?

Answer Options

Correct Answer A. \( MC = 10 + 2Q \)
B. \( MC = 10 - 2Q \)
C. \( MC = 20 + 2Q \)
D. \( MC = 20 - 2Q \)
Correct Answer
A
Correct Option:
\( MC = 10 + 2Q \)

About This Question

This is Post Utme Pan Atlantic University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.

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