Post Utme Uniben 2022 Economics Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Uniben Economics examination.

Post Utme Uniben 2022 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNIBEN • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the monopolist's marginal revenue (MR) is given by MR = 200 - 4Q, what is the optimal price \( P* \) that the monopolist should charge?

Answer Options

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

About This Question

This is Post Utme Uniben 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Uniben Economics examination.

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