Post Utme Eksu 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_EKSU • 2025 • ECONOMICS • objective

A firm's revenue function is given by R(P) = 100P - 2P^2. If the firm's \cost function is C(Q) = 2Q^2 + 10Q, what is the profit-maximizing price?

Answer Options

A. ₦20
B. ₦30
Correct Answer C. ₦40
D. ₦50
Correct Answer
C
Correct Option:
₦40

About This Question

This is Post Utme Eksu 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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