Post Utme Christopher University 2018 Economics Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 16 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100q - 2q^2, where q is the quantity sold. If the firm's total \cost is given by TC = 50q + 10q^2, what is the profit-maximizing quantity?

Answer Options

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

About This Question

This is Post Utme Christopher University 2018 Economics Question 16. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

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