Post Utme Rhema University 2022 Economics Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2022 Economics Objective / Multiple Choice
Question 29 POST_UTME_RHEMA_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The firm's marginal \cost (MC) is given by MC = 10 + 2Q. What is the monopolist's profit-maximizing output level?

Answer Options

A. Q = 20
B. Q = 25
Correct Answer C. Q = 30
D. Q = 35
Correct Answer
C
Correct Option:
Q = 30

About This Question

This is Post Utme Rhema University 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Rhema University Economics examination.

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