Post Utme Uniport 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Uniport Economics examination.

Post Utme Uniport 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNIPORT • 2025 • ECONOMICS • objective

A monopoly firm faces a demand curve given by Qd = 100 - 2P. The firm's marginal \cost curve is given by MC = 5. Calculate the firm's optimal price and quantity.

Answer Options

Correct Answer A. P = ₦50, Q = 75 units
B. P = ₦75, Q = 50 units
C. P = ₦100, Q = 25 units
D. P = ₦125, Q = 0 units
Correct Answer
A
Correct Option:
P = ₦50, Q = 75 units

About This Question

This is Post Utme Uniport 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Uniport Economics examination.

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