Post Utme Unilag 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 35 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A firm is operating in a perfectly competitive market with a demand curve given by Q = 100 - 2P and a supply curve given by Q = 10 + 3P. What is the firm's marginal revenue?

Answer Options

Correct Answer A. MR = 200 - 2Q
B. MR = 200 - Q
C. MR = 200 + 2Q
D. MR = 200 + Q
Correct Answer
A
Correct Option:
MR = 200 - 2Q

About This Question

This is Post Utme Unilag 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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