Post Utme Elizade University 2018 Economics Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2018 Economics Objective / Multiple Choice
Question 39 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 10q + 5. If the firm's revenue function is R(q) = 20q, what is the firm's profit-maximizing output?

Answer Options

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

About This Question

This is Post Utme Elizade University 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Elizade University Economics examination.

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