Post Utme Delsu 2019 Economics Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Delsu Economics examination.

Post Utme Delsu 2019 Economics Objective / Multiple Choice
Question 38 POST_UTME_DELSU • 2019 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 100 + 2x^2, where x is the number of units produced. If the firm's revenue function is given by R(x) = 100x - 2x^2, find the profit function.

Answer Options

A. 100x
Correct Answer B. 100x - 2x^2
C. 100x + 2x^2
D. 100x - 4x^2
Correct Answer
B
Correct Option:
100x - 2x^2

About This Question

This is Post Utme Delsu 2019 Economics Question 38. It is one of the objective questions from the 2019 Post Utme Delsu Economics examination.

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