Post Utme Osustech 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Osustech Commerce examination.

Post Utme Osustech 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_OSUSTECH • 2023 • COMMERCE • objective

A company has the following revenue function: R = 2x + 3y. If the price of x is ₦2 and the price of y is ₦3, what is the optimal combination of x and y?

Answer Options

Correct Answer A. ( x = 2, y = 4 )
B. ( x = 4, y = 2 )
C. ( x = 6, y = 0 )
D. ( x = 0, y = 4 )
Correct Answer
A
Correct Option:
( x = 2, y = 4 )

About This Question

This is Post Utme Osustech 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Osustech Commerce examination.

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