Post Utme Lead City University 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_LEAD_CITY_UNIVERSITY • 2023 • COMMERCE • objective

A firm's profit function is given by π = 100Q - 2Q^2 - 100, where π is the profit and Q is the quantity produced. If the firm produces 50 units, what is its profit?

Answer Options

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

About This Question

This is Post Utme Lead City University 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Lead City University Commerce examination.

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