Post Utme Ksu 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Ksu Economics examination.

Post Utme Ksu 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2023 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 100 + 2x^2, where x is the number of units produced. If the firm's revenue function is R(x) = 100x - 2x^2, what is the firm's profit function?

Answer Options

Correct Answer A. 100x - 4x^2 - 100
B. 100x - 2x^2 - 100
C. 100x + 2x^2 - 100
D. 100x + 4x^2 - 100
Correct Answer
A
Correct Option:
100x - 4x^2 - 100

About This Question

This is Post Utme Ksu 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Ksu Economics examination.

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