Post Utme Delsu 2019 Economics Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Delsu Economics examination.

Post Utme Delsu 2019 Economics Objective / Multiple Choice
Question 5 POST_UTME_DELSU • 2019 • ECONOMICS • objective

A firm's \cost function is given by C = 2Q + 3, where C is the total \cost and Q is the quantity produced. If the firm's revenue function is R = 4Q, find the profit-maximizing quantity.

Answer Options

A. 2
Correct Answer B. 4
C. 6
D. 8
Correct Answer
B
Correct Option:
4

About This Question

This is Post Utme Delsu 2019 Economics Question 5. It is one of the objective questions from the 2019 Post Utme Delsu Economics examination.

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