Waec Model Questions Vol1 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2021 Economics Objective / Multiple Choice Medium Difficulty
Question 28 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • ECONOMICS • objective

A monopolist faces the demand curve P = 200 - 2Q and has a constant marginal cost of ₦20 per unit. What is the maximum profit the monopolist can earn?

Answer Options

A. 4000
B. 4150
C. 4048
Correct Answer D. 4050
Correct Answer
D
Correct Option:
4050

About This Question

This is Waec Model Questions Vol1 2021 Economics Question 28. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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