Post Utme Eksu 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A firm's \cost function is given by C = 2Q^2 + 10Q + 100. If the firm's revenue function is R = 3Q^2 + 20Q, find the profit-maximizing quantity.

Answer Options

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

About This Question

This is Post Utme Eksu 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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