Post Utme Pan Atlantic University 2018 Commerce Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2018 Commerce Objective / Multiple Choice
Question 37 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • COMMERCE • objective

A firm's demand function is given by P = 100 - 2Q, where P is the price and Q is the quantity demanded. If the firm wants to maximize its profit, what is the optimal quantity to produce?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Pan Atlantic University 2018 Commerce Question 37. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Commerce examination.

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