Post Utme Redeemers University 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2018 Economics Objective / Multiple Choice
Question 33 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • ECONOMICS • objective

A monopolistically competitive firm has a demand curve of \( P = 100 - 2Q \) and a marginal revenue curve of \( MR = 100 - 4Q \). Find the profit-maximizing level of output.

Answer Options

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

About This Question

This is Post Utme Redeemers University 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Redeemers University Economics examination.

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