Post Utme Redeemers University 2019 Economics Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2019 Economics Objective / Multiple Choice
Question 30 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. The firm's marginal revenue curve is MR = 200 - 2Q. What is the profit-maximizing quantity?

Answer Options

A. 50 units
B. 75 units
Correct Answer C. 100 units
D. 125 units
Correct Answer
C
Correct Option:
100 units

About This Question

This is Post Utme Redeemers University 2019 Economics Question 30. It is one of the objective questions from the 2019 Post Utme Redeemers University Economics examination.

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