Post Utme Futo 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Futo Economics examination.

Post Utme Futo 2019 Economics Objective / Multiple Choice
Question 33 POST_UTME_FUTO • 2019 • ECONOMICS • objective

A firm's total revenue is given by the equation \( TR = 100x - 2x^2 \) and its total \cost is given by the equation \( TC = 50x + 100 \). Find the firm's profit-maximizing level of output.

Answer Options

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

About This Question

This is Post Utme Futo 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Futo Economics examination.

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