Post Utme Pan Atlantic University 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The firm's marginal \cost (MC) is given by MC = 20 + 0.5Q. If the firm produces 50 units of output, what is the profit-maximizing price?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Economics examination.

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