Post Utme Uniben 2023 Economics Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Uniben Economics examination.

Post Utme Uniben 2023 Economics Objective / Multiple Choice
Question 24 POST_UTME_UNIBEN • 2023 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. The firm's marginal \cost is MC = 5. What is the firm's optimal quantity?

Answer Options

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

About This Question

This is Post Utme Uniben 2023 Economics Question 24. It is one of the objective questions from the 2023 Post Utme Uniben Economics examination.

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