Post Utme Lead City University 2017 Commerce Question 42

Practice objective / multiple choice question 42 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 42 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A firm is producing a product with the following cost function: C(x) = 2x^2 + 100x + 5000. If the selling price of the product is ₦50 per unit, how many units should the firm produce to maximize its profit?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Lead City University 2017 Commerce Question 42. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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