Post Utme Skyline University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ECONOMICS • objective

A monopolist has a \cost function given by \( C = 100 + 20Q \) and a revenue function given by \( R = 200Q - 2Q^2 \). Find the monopolist's profit-maximizing output.

Answer Options

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

About This Question

This is Post Utme Skyline University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.

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