Post Utme Unilag 2018 Economics Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Unilag Economics examination.

Post Utme Unilag 2018 Economics Objective / Multiple Choice
Question 2 POST_UTME_UNILAG • 2018 • ECONOMICS • objective

A perfectly competitive firm faces a market demand curve given by \( P = 100 - 2Q \). If the firm's marginal \cost is ₦20, find the firm's profit-maximizing output level.

Answer Options

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

About This Question

This is Post Utme Unilag 2018 Economics Question 2. It is one of the objective questions from the 2018 Post Utme Unilag Economics examination.

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