Post Utme Abu 2019 Commerce Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Abu Commerce examination.

Post Utme Abu 2019 Commerce Objective / Multiple Choice
Question 34 POST_UTME_ABU • 2019 • COMMERCE • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where Q is the quantity sold. If the firm wants to maximize revenue, what is the optimal quantity to produce?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Abu 2019 Commerce Question 34. It is one of the objective questions from the 2019 Post Utme Abu Commerce examination.

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