Post Utme Osustech 2020 Economics Question 24
Practice objective / multiple choice question 24 from the 2020 Post Utme Osustech Economics examination.
Determine the optimal price for a firm to maximize its profit, given the following total revenue and total \cost functions: TR = 100q - 2q^2 and TC = 50q + 10q^2, where q is the quantity produced.
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About This Question
This is Post Utme Osustech 2020 Economics Question 24. It is one of the objective questions from the 2020 Post Utme Osustech Economics examination.
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