Post Utme Esut 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Esut Economics examination.

Post Utme Esut 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_ESUT • 2025 • ECONOMICS • objective

A firm is considering the introduction of a new product. The demand for the product is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm wants to maximize its revenue, what quantity should it produce?

Answer Options

A. Q = 20
Correct Answer B. Q = 50
C. Q = 70
D. Q = 90
Correct Answer
B
Correct Option:
Q = 50

About This Question

This is Post Utme Esut 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Esut Economics examination.

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