Post Utme Uniosun 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNIOSUN • 2017 • ECONOMICS • objective

A monopolist faces a demand curve given by \( Q = 100 - 2P \) and a \cost function given by \( C = 50 + 2Q \). What is the monopolist's profit-maximizing price?

Answer Options

A. ₦40
Correct Answer B. ₦50
C. ₦60
D. ₦70
Correct Answer
B
Correct Option:
₦50

About This Question

This is Post Utme Uniosun 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Uniosun Economics examination.

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