Post Utme Unilag 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A firm is operating under a monopoly market structure. If the firm's demand curve is given by Q = 100 - 2P and the firm's marginal revenue is 50, what is the firm's marginal \cost?

Answer Options

A. 25
B. 30
Correct Answer C. 35
D. 40
Correct Answer
C
Correct Option:
35

About This Question

This is Post Utme Unilag 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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