Post Utme Unilag 2017 Economics Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A firm is operating in a monopoly market with a demand curve given by Q = 100 - 2P and a marginal revenue curve given by MR = 200 - 2Q. What is the firm's profit-maximizing 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 Unilag 2017 Economics Question 33. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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