Post Utme Coal City University 2020 Commerce Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2020 Commerce Objective / Multiple Choice
Question 13 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • COMMERCE • objective

A firm's cost function is given by C(x) = 2x^2 + 10x + 20, where x is the number of units produced. If the firm's selling price is ₦50 per unit, find the profit-maximizing level of production.

Answer Options

A. 200 units
Correct Answer B. 250 units
C. 300 units
D. 350 units
Correct Answer
B
Correct Option:
250 units

About This Question

This is Post Utme Coal City University 2020 Commerce Question 13. It is one of the objective questions from the 2020 Post Utme Coal City University Commerce examination.

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