Post Utme Futa 2022 Commerce Question 22
Practice objective / multiple choice question 22 from the 2022 Post Utme Futa Commerce examination.
A firm is considering exporting its product to a foreign market. The firm's marketing manager has estimated that the demand for the product in the foreign market 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 price should it charge for the product?
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About This Question
This is Post Utme Futa 2022 Commerce Question 22. It is one of the objective questions from the 2022 Post Utme Futa Commerce examination.
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