Post Utme Uniport 2018 Commerce Question 28
Practice objective / multiple choice question 28 from the 2018 Post Utme Uniport Commerce examination.
A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal revenue is ₦50, what is the firm's optimal price?
Answer Options
About This Question
This is Post Utme Uniport 2018 Commerce Question 28. It is one of the objective questions from the 2018 Post Utme Uniport Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.