Post Utme Oau 2024 Economics Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Oau Economics examination.

Post Utme Oau 2024 Economics Objective / Multiple Choice
Question 9 POST_UTME_OAU • 2024 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Oau 2024 Economics Question 9. It is one of the objective questions from the 2024 Post Utme Oau Economics examination.

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