Post Utme Aaua 2020 Commerce Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Aaua Commerce examination.

Post Utme Aaua 2020 Commerce Objective / Multiple Choice
Question 5 POST_UTME_AAUA • 2020 • COMMERCE • objective

A firm's profit function is given by the equation: ( pi = 100x - 20x^2 ). If the firm produces 20 units of output, what is the profit?

Answer Options

A. ₦1,600
B. ₦1,800
Correct Answer C. ₦2,000
D. ₦2,200
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Aaua 2020 Commerce Question 5. It is one of the objective questions from the 2020 Post Utme Aaua Commerce examination.

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