Post Utme Lautech 2018 Commerce Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Lautech Commerce examination.

Post Utme Lautech 2018 Commerce Objective / Multiple Choice
Question 4 POST_UTME_LAUTECH • 2018 • COMMERCE • objective

A company has a revenue function R = 100Q - 2Q^2, where R is revenue and Q is output. What is the maximum revenue?

Answer Options

A. ₦1000
Correct Answer B. ₦2000
C. ₦3000
D. ₦4000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Lautech 2018 Commerce Question 4. It is one of the objective questions from the 2018 Post Utme Lautech Commerce examination.

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