Post Utme Uniport 2023 Economics Question 25
Practice objective / multiple choice question 25 from the 2023 Post Utme Uniport Economics examination.
A firm's demand function for a good is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm's marginal revenue function is given by MR = 200 - 2Q, what is the firm's optimal price?
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About This Question
This is Post Utme Uniport 2023 Economics Question 25. It is one of the objective questions from the 2023 Post Utme Uniport Economics examination.
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