Post Utme Ui 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Ui Economics examination.

Post Utme Ui 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_UI • 2019 • ECONOMICS • objective

A monopoly firm's demand curve is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the firm produces 20 units, what is the price?

Answer Options

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

About This Question

This is Post Utme Ui 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Ui Economics examination.

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