Post Utme Uniben 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Uniben Economics examination.

Post Utme Uniben 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNIBEN • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Qd = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. Find the profit-maximizing quantity and price.

Answer Options

A. ₦80
B. ₦85
Correct Answer C. ₦90
D. ₦95
Correct Answer
C
Correct Option:
₦90

About This Question

This is Post Utme Uniben 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Uniben Economics examination.

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