Post Utme Oau 2018 Commerce Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Oau Commerce examination.

Post Utme Oau 2018 Commerce Objective / Multiple Choice
Question 33 POST_UTME_OAU • 2018 • COMMERCE • objective

A firm's revenue function is given by R(x) = 100x - 2x^2. If the firm wants to maximize its revenue, what is the optimal level of production?

Answer Options

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

About This Question

This is Post Utme Oau 2018 Commerce Question 33. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.

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