Post Utme Unn 2017 Economics Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNN • 2017 • ECONOMICS • objective

A firm is operating in a monopoly market with a demand curve \( P = 100 - Q \) and a marginal revenue function \( MR = 100 - 2Q \). If the firm produces 20 units of the good, calculate the price of the good.

Answer Options

A. ₦80
B. ₦90
Correct Answer C. ₦100
D. ₦110
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Unn 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

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