Post Utme Ims U 2018 Commerce Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Ims U Commerce examination.

Post Utme Ims U 2018 Commerce Objective / Multiple Choice
Question 39 POST_UTME_IMS_U • 2018 • COMMERCE • objective

A firm's profit function is given by P(x) = R(x) - C(x), where R(x) is the revenue function and C(x) is the cost function. If the firm sells 5 units and produces 10 units, what is the profit?

Answer Options

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

About This Question

This is Post Utme Ims U 2018 Commerce Question 39. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.

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