Post Utme Ksu 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_KSU • 2025 • ECONOMICS • objective

A firm's \cost function is given by ( C(q) = 2q^2 + 5q + 10 ). If the firm's revenue function is ( R(q) = 3q^2 + 2q ), what is the profit-maximizing quantity of output?

Answer Options

A. \( q = 1 \)
B. \( q = 2 \)
Correct Answer C. \( q = 3 \)
D. \( q = 4 \)
Correct Answer
C
Correct Option:
\( q = 3 \)

About This Question

This is Post Utme Ksu 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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