Post Utme Coal City University 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2019 Economics Objective / Multiple Choice
Question 14 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 3q^2 + 5q + 2. If the market price is P = 10, what is the firm's profit-maximizing output level?

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 Coal City University 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Coal City University Economics examination.

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