Post Utme Futo 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Futo Commerce examination.

Post Utme Futo 2020 Commerce Objective / Multiple Choice
Question 38 POST_UTME_FUTO • 2020 • COMMERCE • objective

A firm's revenue function is given by R = 100x - 2x^2. If the firm wants to maximize its revenue, what is the optimal level of production?

Answer Options

A. 20 units
Correct Answer B. 30 units
C. 40 units
D. 50 units
Correct Answer
B
Correct Option:
30 units

About This Question

This is Post Utme Futo 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Futo Commerce examination.

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