Post Utme Uniosun 2025 Economics Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A monopolistically competitive firm faces a demand curve with the following equation: Q = 100 - 2P. The firm's marginal revenue (MR) is given by MR = 200 - 2Q. What is the firm's equilibrium price?

Answer Options

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

About This Question

This is Post Utme Uniosun 2025 Economics Question 27. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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