Post Utme Rsu 2019 Economics Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Rsu Economics examination.

Post Utme Rsu 2019 Economics Objective / Multiple Choice
Question 32 POST_UTME_RSU • 2019 • ECONOMICS • objective

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

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Rsu 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.

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