Post Utme Aaua 2021 Economics Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 9 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 3Q^2, where C is the total \cost and Q is the quantity produced. The revenue function is given by R = 200 - 2Q. Find the profit-maximizing quantity.

Answer Options

A. Q = 10
Correct Answer B. Q = 15
C. Q = 20
D. Q = 25
Correct Answer
B
Correct Option:
Q = 15

About This Question

This is Post Utme Aaua 2021 Economics Question 9. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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