Post Utme Rsu 2019 Economics Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Rsu Economics examination.

Post Utme Rsu 2019 Economics Objective / Multiple Choice
Question 38 POST_UTME_RSU • 2019 • ECONOMICS • objective

A monopolist faces a demand curve given by Qd = 100 - 2P and has a marginal \cost (MC) of $10. If the firm's current price is $20, what is the deadweight loss (DWL) of the monopoly?

Answer Options

A. $10
Correct Answer B. $20
C. $30
D. $40
Correct Answer
B
Correct Option:
$20

About This Question

This is Post Utme Rsu 2019 Economics Question 38. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.

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