Post Utme Rsu 2017 Economics Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Rsu Economics examination.

Post Utme Rsu 2017 Economics Objective / Multiple Choice
Question 36 POST_UTME_RSU • 2017 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. If the monopolist produces 20 units, what is the consumer surplus?

Answer Options

A. ₦250
B. ₦500
Correct Answer C. ₦750
D. ₦1000
Correct Answer
C
Correct Option:
₦750

About This Question

This is Post Utme Rsu 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.

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