Post Utme Skyline University 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's supply curve is given by Q = 50 + 2P. If the firm's marginal \cost (MC) is given by MC = 100 - 2Q, what is the firm's optimal quantity?

Answer Options

A. 100 units
B. 200 units
Correct Answer C. 300 units
D. 400 units
Correct Answer
C
Correct Option:
300 units

About This Question

This is Post Utme Skyline University 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Skyline University Economics examination.

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