Post Utme Aaua 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Aaua Economics examination.

Post Utme Aaua 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_AAUA • 2020 • ECONOMICS • objective

A firm faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. Find the profit-maximizing price and quantity u\sing the Lagrange method.

Answer Options

A. ₦250
Correct Answer B. ₦300
C. ₦350
D. ₦400
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Aaua 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Aaua Economics examination.

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