Post Utme Crawford University 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2020 Economics Objective / Multiple Choice

Question 30 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's average \cost (AC) is given by the equation AC = 2Q + 10. If the firm's marginal \cost (MC) is ₦20, what is the profit-maximizing output level?

Answer Options

A. 5 units

Correct Answer B. 10 units

C. 15 units

D. 20 units

Correct Answer

Correct Option:

10 units

About This Question

This is Post Utme Crawford University 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Crawford University Economics examination.

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