Post Utme Bells University 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Bells University Economics examination.

Post Utme Bells University 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_BELLS_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's total revenue (TR) is given by TR = 2Q^2 - 10Q + 20. The firm's marginal revenue (MR) is given by MR = 4Q - 10. What is the firm's profit-maximizing output?

Answer Options

A. 2 units
Correct Answer B. 3 units
C. 4 units
D. 5 units
Correct Answer
B
Correct Option:
3 units

About This Question

This is Post Utme Bells University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Bells University Economics examination.

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