Post Utme Futo 2025 Commerce Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Futo Commerce examination.

Post Utme Futo 2025 Commerce Objective / Multiple Choice
Question 10 POST_UTME_FUTO • 2025 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm wants to maximize its revenue, what price should it charge?

Answer Options

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

About This Question

This is Post Utme Futo 2025 Commerce Question 10. It is one of the objective questions from the 2025 Post Utme Futo Commerce examination.

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