Post Utme Bowen University 2017 Economics Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2017 Economics Objective / Multiple Choice
Question 17 POST_UTME_BOWEN_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's total revenue is given by TR = 100Q - 2Q^2. The firm's total \cost is given by TC = 50Q + 10Q^2. Find the firm's profit-maximizing output.

Answer Options

A. 20 units
Correct Answer B. 30 units
C. 40 units
D. 50 units
Correct Answer
B
Correct Option:
30 units

About This Question

This is Post Utme Bowen University 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.

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