Post Utme Unn 2023 Geography Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Unn Geography examination.

Post Utme Unn 2023 Geography Objective / Multiple Choice
Question 10 POST_UTME_UNN • 2023 • GEOGRAPHY • objective

A firm is producing a good that has a market demand curve of Qd = 100 - 2P and a supply curve of Qs = 2 + 3P. If the firm is currently producing at a quantity of 50 units, what is the firm's marginal revenue?

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 2023 Geography Question 10. It is one of the objective questions from the 2023 Post Utme Unn Geography examination.

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