Post Utme Ksu 2019 Commerce Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Ksu Commerce examination.

Post Utme Ksu 2019 Commerce Objective / Multiple Choice
Question 15 POST_UTME_KSU • 2019 • COMMERCE • objective

A firm is producing a good with a demand function of Q = 100 - 2P. If the firm wants to maximize its revenue, what is the optimal price?

Answer Options

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

About This Question

This is Post Utme Ksu 2019 Commerce Question 15. It is one of the objective questions from the 2019 Post Utme Ksu Commerce examination.

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