Post Utme Achievers University 2018 Economics Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2018 Economics Objective / Multiple Choice
Question 20 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's revenue function is given by the equation R = 2Q^2 - 10Q + 20, where R is the revenue and Q is the quantity sold. If the firm wants to maximize revenue, what is the optimal level of quantity sold?

Answer Options

A. 2
B. 4
Correct Answer C. 6
D. 8
Correct Answer
C
Correct Option:
6

About This Question

This is Post Utme Achievers University 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Achievers University Economics examination.

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