Post Utme Redeemers University 2018 General Studies Question 34
Practice objective / multiple choice question 34 from the 2018 Post Utme Redeemers University General Studies examination.
A company wants to determine the optimal price for its product. The demand equation is given by p = 100 - 2q, where p is the price and q is the quantity demanded. If the company wants to maximize its revenue, what is the optimal price?
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About This Question
This is Post Utme Redeemers University 2018 General Studies Question 34. It is one of the objective questions from the 2018 Post Utme Redeemers University General Studies examination.
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