Waec Model Questions Vol1 2025 Economics Question 22
Practice objective / multiple choice question 22 from the 2025 Waec Model Questions Vol1 Economics examination.
A firm's total cost (in thousand Naira) for producing Q units is TC = 0.5Q² + 20Q + 150. The market price per unit is given by the demand equation P = 80 - 0.2Q. Determine the output level that maximizes profit and state the maximum profit (in thousand Naira).
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About This Question
This is Waec Model Questions Vol1 2025 Economics Question 22. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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