Post Utme Bowen University 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A firm's revenue function is given by R = 100x - 2x^2, where x is the number of units sold. If the firm wants to maximize its revenue, what is the optimal number of units to sell?

Answer Options

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

About This Question

This is Post Utme Bowen University 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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