Post Utme Ui 2023 Economics Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Ui Economics examination.

Post Utme Ui 2023 Economics Objective / Multiple Choice
Question 21 POST_UTME_UI • 2023 • ECONOMICS • objective

A monopolist is producing a good with a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. What is the firm's profit-maximizing quantity?

Answer Options

A. 50 units
B. 75 units
Correct Answer C. 100 units
D. 125 units
Correct Answer
C
Correct Option:
100 units

About This Question

This is Post Utme Ui 2023 Economics Question 21. It is one of the objective questions from the 2023 Post Utme Ui Economics examination.

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