Post Utme Ksu 2019 Economics Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 22 POST_UTME_KSU • 2019 • ECONOMICS • objective

A firm has a total revenue function of \( TR = 100x - 2x^2 \) and a total \cost function of \( TC = 50x + 10x^2 \). Determine the profit-maximizing level of output.

Answer Options

A. x = 5
Correct Answer B. x = 10
C. x = 15
D. x = 20
Correct Answer
B
Correct Option:
x = 10

About This Question

This is Post Utme Ksu 2019 Economics Question 22. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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