Post Utme Uniosun 2017 Economics Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2017 Economics Objective / Multiple Choice
Question 5 POST_UTME_UNIOSUN • 2017 • ECONOMICS • objective

A firm is a pure monopolist with a demand function given by Q = 100 - 2P. If the firm's marginal \cost is ₦50, find the firm's profit-maximizing price.

Answer Options

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

About This Question

This is Post Utme Uniosun 2017 Economics Question 5. It is one of the objective questions from the 2017 Post Utme Uniosun Economics examination.

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