Post Utme Rsu 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Rsu Economics examination.

Post Utme Rsu 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_RSU • 2018 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. The firm's marginal \cost (MC) is ₦20 per unit. What is the monopolist's optimal price?

Answer Options

A. ₦40
B. ₦50
Correct Answer C. ₦60
D. ₦70
Correct Answer
C
Correct Option:
₦60

About This Question

This is Post Utme Rsu 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Rsu Economics examination.

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