Post Utme Noun 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Noun Economics examination.

Post Utme Noun 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_NOUN • 2017 • ECONOMICS • objective

A firm has a total revenue function of \( TR = 100x - 2x^2 \) and a total \cost function of \( TC = 50 + 10x + 2x^2 \). What is the profit-maximizing level of output?

Answer Options

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

About This Question

This is Post Utme Noun 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Noun Economics examination.

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