Post Utme Crawford University 2021 Economics Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2021 Economics Objective / Multiple Choice
Question 21 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's \cost function is given by ( C(x) = 2x^2 + 10x + 5 ). If the firm's revenue function is ( R(x) = 20x - x^2 ), what is the break-even point?

Answer Options

A. \( x = 5 \)
Correct Answer B. \( x = 10 \)
C. \( x = 15 \)
D. \( x = 20 \)
Correct Answer
B
Correct Option:
\( x = 10 \)

About This Question

This is Post Utme Crawford University 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Crawford University Economics examination.

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