Post Utme Nile University 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Nile University Economics examination.

Post Utme Nile University 2024 Economics Objective / Multiple Choice
Question 25 POST_UTME_NILE_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's total revenue is given by R(q) = 20q. If the firm's total \cost is C(q) = 2q^2 + 5q + 10, find the firm's profit-maximizing quantity of output.

Answer Options

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

About This Question

This is Post Utme Nile University 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Nile University Economics examination.

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