Post Utme Osustech 2021 Economics Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Osustech Economics examination.

Post Utme Osustech 2021 Economics Objective / Multiple Choice
Question 12 POST_UTME_OSUSTECH • 2021 • ECONOMICS • objective

A firm is producing a good with 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. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Osustech 2021 Economics Question 12. It is one of the objective questions from the 2021 Post Utme Osustech Economics examination.

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