Post Utme Nile University 2025 Economics Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Nile University Economics examination.

Post Utme Nile University 2025 Economics Objective / Multiple Choice
Question 8 POST_UTME_NILE_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 1000 + 20Q, where Q is the quantity sold. If the firm's total \cost (TC) is given by the equation TC = 500 + 10Q, what is the firm's profit-maximizing output level?

Answer Options

A. Q = 20
Correct Answer B. Q = 30
C. Q = 40
D. Q = 50
Correct Answer
B
Correct Option:
Q = 30

About This Question

This is Post Utme Nile University 2025 Economics Question 8. It is one of the objective questions from the 2025 Post Utme Nile University Economics examination.

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