Post Utme Uniport 2021 Economics Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Uniport Economics examination.

Post Utme Uniport 2021 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNIPORT • 2021 • ECONOMICS • objective

A monopolist is producing a good with a demand curve given by Q = 100 - 2P and a marginal revenue curve given by MR = 200 - 2Q. What is the price at which the firm will maximize its profit?

Answer Options

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

About This Question

This is Post Utme Uniport 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Uniport Economics examination.

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