Post Utme Uniben 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. The firm's marginal revenue (MR) function is given by MR = 200 - 4Q. Calculate the price at which the firm will produce 60 units.

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 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support