Post Utme Rsu 2021 Commerce Question 33
Practice objective / multiple choice question 33 from the 2021 Post Utme Rsu Commerce examination.
A firm's demand function for a product is given by Q = 100 - 2P, where Q is the quantity demanded, and P is the price. If the firm wants to maximize its profit, and the cost function is given by C = 50 + 5Q, what is the optimal price?
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About This Question
This is Post Utme Rsu 2021 Commerce Question 33. It is one of the objective questions from the 2021 Post Utme Rsu Commerce examination.
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