Post Utme Uniben 2023 Economics Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Uniben Economics examination.

Post Utme Uniben 2023 Economics Objective / Multiple Choice
Question 12 POST_UTME_UNIBEN • 2023 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The monopolist's marginal \cost is MC = 10 + 2Q. What is the profit-maximizing quantity of output?

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 Uniben 2023 Economics Question 12. It is one of the objective questions from the 2023 Post Utme Uniben Economics examination.

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