Post Utme Skyline University 2022 Economics Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2022 Economics Objective / Multiple Choice
Question 37 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - Q. If the firm's marginal \cost (MC) is ₦20, what is the firm's optimal quantity (Q)?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Skyline University 2022 Economics Question 37. It is one of the objective questions from the 2022 Post Utme Skyline University Economics examination.

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