Post Utme Rhema University 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_RHEMA_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. Find the profit-maximizing price and quantity.

Answer Options

Correct Answer A. P = 50, Q = 25
B. P = 75, Q = 12
C. P = 25, Q = 50
D. P = 12, Q = 75
Correct Answer
A
Correct Option:
P = 50, Q = 25

About This Question

This is Post Utme Rhema University 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Rhema University Economics examination.

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