Post Utme Bowen University 2017 Commerce Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2017 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BOWEN_UNIVERSITY • 2017 • COMMERCE • objective

A company's profit function is given by P(x) = R(x) - C(x), where R(x) is the revenue function and C(x) is the cost function. If the revenue function is R(x) = 2x^2 + 5x - 3 and the cost function is C(x) = 3x^2 + 2x - 1, what is the profit function?

Answer Options

Correct Answer A. -x^2 + 3x + 2
B. x^2 - 3x + 2
C. -x^2 + x + 2
D. x^2 - x + 2
Correct Answer
A
Correct Option:
-x^2 + 3x + 2

About This Question

This is Post Utme Bowen University 2017 Commerce Question 36. It is one of the objective questions from the 2017 Post Utme Bowen University Commerce examination.

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