Post Utme Redeemers University 2020 Commerce Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2020 Commerce Objective / Multiple Choice
Question 39 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • COMMERCE • objective

A firm specializing in the production of textiles has the following cost function: C(x) = 2x^2 + 100x + 5000. If the firm's revenue function is R(x) = 3x^2 - 20x + 100, where x is the number of units produced, what is the break-even point?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Redeemers University 2020 Commerce Question 39. It is one of the objective questions from the 2020 Post Utme Redeemers University Commerce examination.

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