Post Utme Futa 2024 Economics Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Futa Economics examination.

Post Utme Futa 2024 Economics Objective / Multiple Choice
Question 10 POST_UTME_FUTA • 2024 • ECONOMICS • objective

A firm's revenue function is given by R = 2x - 3x^2, where R is revenue and x is the quantity sold. If the firm wants to maximize revenue, how much should it produce?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Futa 2024 Economics Question 10. It is one of the objective questions from the 2024 Post Utme Futa Economics examination.

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