Post Utme Covenant University 2023 Economics Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2023 Economics Objective / Multiple Choice
Question 29 POST_UTME_COVENANT_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is producing a good with the following \cost and revenue functions: C(x) = 2x^2 + 10x + 5 and R(x) = 3x^2 - 2x + 1. Find the break-even point.

Answer Options

Correct Answer A. x = 1
B. x = 2
C. x = 3
D. x = 4
Correct Answer
A
Correct Option:
x = 1

About This Question

This is Post Utme Covenant University 2023 Economics Question 29. It is one of the objective questions from the 2023 Post Utme Covenant University Economics examination.

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