Post Utme Uniport 2023 Economics Question 40
Practice objective / multiple choice question 40 from the 2023 Post Utme Uniport Economics examination.
A firm operating in a perfectly competitive market has a demand curve given by Q = 100 - 2P. If the firm's marginal revenue (MR) is given by MR = 200 - 4P, what is the firm's optimal price elasticity of demand?
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About This Question
This is Post Utme Uniport 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Uniport Economics examination.
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