Post Utme Eksu 2018 Economics Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Eksu Economics examination.

Post Utme Eksu 2018 Economics Objective / Multiple Choice
Question 40 POST_UTME_EKSU • 2018 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 2x^2 + 5x + 1. If the firm's marginal revenue function is MR(x) = 4x + 5, find the value of x that maximizes the firm's revenue.

Answer Options

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

About This Question

This is Post Utme Eksu 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Eksu Economics examination.

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