Post Utme Unn 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Unn Economics examination.

Post Utme Unn 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_UNN • 2018 • ECONOMICS • objective

A monopolistically competitive firm faces a demand curve given by Q = 100 - 2P. The firm's marginal \cost curve is MC = 10. What is the firm's optimal price?

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Unn 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Unn Economics examination.

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