Post Utme Eksu 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A firm has a \cost function ( C(q) = 2q^2 + 5q ) and a revenue function ( R(q) = 3q^2 + 2q ). Find the profit-maximizing quantity.

Answer Options

A. 10
B. 20
Correct Answer C. 30
D. 40
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Eksu 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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