Post Utme Uniosun 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

A monopolist faces a demand curve with the following equation: \( Q = 100 - 2P \). If the marginal revenue is \( MR = 50 - 2Q \), what is the profit-maximizing quantity?

Answer Options

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

About This Question

This is Post Utme Uniosun 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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