Post Utme Rsu 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Rsu Economics examination.

Post Utme Rsu 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_RSU • 2021 • ECONOMICS • objective

A monopolist has a demand function given by p = 100 - 2q. If the firm's marginal \cost is 10, what is the optimal quantity to produce?

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 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Rsu Economics examination.

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