Post Utme Babcock University 2020 Economics Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2020 Economics Objective / Multiple Choice
Question 25 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ECONOMICS • objective

A firm has a revenue function R = 1000 + 20Q - 0.1Q^2, where Q is the quantity sold. Determine the level of output that maximizes revenue.

Answer Options

A. Q = 50
B. Q = 100
Correct Answer C. Q = 150
D. Q = 200
Correct Answer
C
Correct Option:
Q = 150

About This Question

This is Post Utme Babcock University 2020 Economics Question 25. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.

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