Post Utme Rsu 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Rsu Commerce examination.

Post Utme Rsu 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_RSU • 2019 • COMMERCE • objective

A firm's revenue function is given by R(x) = 2x^2 + 100x. If the firm's cost function is given by C(x) = 50x^2 + 500x, find the profit-maximizing level of output.

Answer Options

A. x = 50
Correct Answer B. x = 100
C. x = 200
D. x = 250
Correct Answer
B
Correct Option:
x = 100

About This Question

This is Post Utme Rsu 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Rsu Commerce examination.

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