Post Utme Bsu 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Bsu Economics examination.

Post Utme Bsu 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_BSU • 2018 • ECONOMICS • objective

A firm's supply function is given by ( Q(s) = 2s + 5 ), where ( s ) is the price of the good. If the firm's marginal \cost is ( MC(s) = 2s ), find the value of ( s ) at which the firm's supply is maximized.

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Bsu 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Bsu Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support