Post Utme Redeemers University 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm has a total revenue function of \( TR = 100x - 2x^2 \) and a total \cost function of \( TC = 50x + 10x^2 \). Find the profit-maximizing level of output.

Answer Options

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

About This Question

This is Post Utme Redeemers University 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Redeemers University Economics examination.

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