Post Utme Igbinedion University 2024 Commerce Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2024 Commerce Objective / Multiple Choice
Question 25 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • COMMERCE • objective

A firm's revenue function is given by R = 2x^2 + 5x + 3, where x is the quantity sold. If the firm wants to maximize its revenue, how many units should it produce?

Answer Options

A. x = 1
B. x = 2
Correct Answer C. x = 3
D. x = 4
Correct Answer
C
Correct Option:
x = 3

About This Question

This is Post Utme Igbinedion University 2024 Commerce Question 25. It is one of the objective questions from the 2024 Post Utme Igbinedion University Commerce examination.

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