Post Utme Covenant University 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2017 Commerce Objective / Multiple Choice
Question 40 POST_UTME_COVENANT_UNIVERSITY • 2017 • COMMERCE • objective

A firm's profit function is given by π(Q) = R(Q) - C(Q). If the firm's current revenue is R(Q) = 2Q^2 and current cost is C(Q) = 2Q^2 + 10Q, what is the firm's current profit?

Answer Options

A. ₦98
B. ₦128
Correct Answer C. ₦158
D. ₦198
Correct Answer
C
Correct Option:
₦158

About This Question

This is Post Utme Covenant University 2017 Commerce Question 40. It is one of the objective questions from the 2017 Post Utme Covenant University Commerce examination.

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