Post Utme Osustech 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Osustech Economics examination.

Post Utme Osustech 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_OSUSTECH • 2022 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is the revenue and Q is the quantity sold. If the firm wants to maximize its revenue, what quantity should it produce?

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 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Osustech Economics examination.

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