Post Utme Eksu 2020 Economics Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 19 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A firm has the following \cost and revenue functions: C(Q) = 2Q^2 + 10Q + 100 and R(Q) = 3Q^2 - 5Q + 50. What is the profit-maximizing quantity of output?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Eksu 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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