Post Utme Mountain Top University 2025 Economics Question 2

Practice objective / multiple choice question 2 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice
Question 2 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is producing a good with the following \cost and revenue functions: C(x) = 2x^2 + 10x + 5 and R(x) = 3x^2 - 2x + 1. U\sing the concept of profit maximization, find the level of production that will maximize the firm's profit.

Answer Options

Correct Answer A. x = 6
B. x = 12
C. x = 18
D. x = 24
Correct Answer
A
Correct Option:
x = 6

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 2. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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