Post Utme Ui 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Ui Economics examination.

Post Utme Ui 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_UI • 2024 • ECONOMICS • objective

A firm's demand curve is given by the equation \( Q = 100 - 2P \). If the firm's marginal revenue (MR) is ₦50, what is the firm's optimal price?

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Ui 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Ui Economics examination.

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