Post Utme Rhema University 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_RHEMA_UNIVERSITY • 2018 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. If the firm's marginal \cost is cons\tant at ₦10, what is the profit-maximizing quantity?

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 Rhema University 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Rhema University Economics examination.

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