Post Utme Futa 2021 Commerce Question 15
Practice objective / multiple choice question 15 from the 2021 Post Utme Futa Commerce examination.
A firm is producing a product with the following demand function: Q = 100 - 2P. If the firm's cost function is C(x) = 2x^2 + 100x + 5000, what is the optimal price to charge to maximize profit?
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About This Question
This is Post Utme Futa 2021 Commerce Question 15. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.
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