Post Utme Eksu 2022 Economics Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Eksu Economics examination.

Post Utme Eksu 2022 Economics Objective / Multiple Choice
Question 32 POST_UTME_EKSU • 2022 • ECONOMICS • objective

A firm is producing a good with the following \cost and revenue functions: C(q) = 10q + 100 and R(q) = 20q. U\sing the concept of profit maximization, find the quantity of the good that the firm should produce.

Answer Options

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

About This Question

This is Post Utme Eksu 2022 Economics Question 32. It is one of the objective questions from the 2022 Post Utme Eksu Economics examination.

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