Post Utme Unilag 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A monopolist's demand curve is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the firm's marginal revenue function is given by the equation MR = 200 - 2Q, what is the monopolist's profit-maximizing quantity?

Answer Options

A. Q = 50
Correct Answer B. Q = 75
C. Q = 100
D. Q = 125
Correct Answer
B
Correct Option:
Q = 75

About This Question

This is Post Utme Unilag 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

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