Post Utme Ksu 2022 Commerce Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Ksu Commerce examination.

Post Utme Ksu 2022 Commerce Objective / Multiple Choice
Question 40 POST_UTME_KSU • 2022 • COMMERCE • objective

A company has a production capacity of 10,000 units per month. The demand for its product is given by the equation Q = 2,000 + 500p, where Q is the quantity demanded and p is the price per unit. If the company wants to maximize its revenue, what price should it charge for the product?

Answer Options

A. ₦200
B. ₦250
Correct Answer C. ₦300
D. ₦350
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Ksu 2022 Commerce Question 40. It is one of the objective questions from the 2022 Post Utme Ksu Commerce examination.

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