Post Utme Futa 2021 Commerce Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Futa Commerce examination.

Post Utme Futa 2021 Commerce Objective / Multiple Choice
Question 13 POST_UTME_FUTA • 2021 • COMMERCE • objective

A firm is producing a product with the following cost function: C(x) = 2x^2 + 100x + 5000. If the selling price of the product is ₦120 per unit, what is the optimal quantity to produce to maximize profit?

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 300 units
D. 400 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Futa 2021 Commerce Question 13. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.

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