Post Utme Ui 2017 Economics Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Ui Economics examination.

Post Utme Ui 2017 Economics Objective / Multiple Choice
Question 14 POST_UTME_UI • 2017 • ECONOMICS • objective

A firm's demand curve is given by the equation Q = 100 - 2P. If the firm's production \cost is 50, what is the firm's profit-maximizing price?

Answer Options

A. 20
B. 30
C. 40
D. 50
Correct Answer
30

About This Question

This is Post Utme Ui 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Ui Economics examination.

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