Post Utme Al Hikmah University 2017 Economics Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2017 Economics Objective / Multiple Choice
Question 27 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ECONOMICS • objective

A firm has a total revenue function given by \( TR = 100x - 2x^2 \) and a total \cost function given by \( TC = 50x + 10x^2 \). Find the profit-maximizing level of output.

Answer Options

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

About This Question

This is Post Utme Al Hikmah University 2017 Economics Question 27. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Economics examination.

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