Post Utme Mountain Top University 2024 Economics Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 32 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 10q + 5. If the market price is P = 15, find the profit-maximizing quantity.

Answer Options

A. q = 5
Correct Answer B. q = 10
C. q = 15
D. q = 20
Correct Answer
B
Correct Option:
q = 10

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 32. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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