Post Utme Uniport 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Uniport Economics examination.

Post Utme Uniport 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_UNIPORT • 2024 • ECONOMICS • objective

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 price?

Answer Options

A. ₦25
B. ₦30
C. ₦35
Correct Answer D. ₦40
Correct Answer
D
Correct Option:
₦40

About This Question

This is Post Utme Uniport 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Uniport Economics examination.

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