Post Utme Noun 2025 Commerce Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Noun Commerce examination.

Post Utme Noun 2025 Commerce Objective / Multiple Choice
Question 40 POST_UTME_NOUN • 2025 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm wants to maximize its revenue, what price should it charge?

Answer Options

A. ₦50
Correct Answer B. ₦60
C. ₦70
D. ₦80
Correct Answer
B
Correct Option:
₦60

About This Question

This is Post Utme Noun 2025 Commerce Question 40. It is one of the objective questions from the 2025 Post Utme Noun Commerce examination.

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