Post Utme Rsu 2019 Economics Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Rsu Economics examination.

Post Utme Rsu 2019 Economics Objective / Multiple Choice
Question 22 POST_UTME_RSU • 2019 • ECONOMICS • objective

A monopolist faces a demand curve with the following equation: Q = 100 - 2P. The monopolist's marginal \cost is cons\tant at ₦20. What is the profit-maximizing 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 2019 Economics Question 22. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.

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