Post Utme Skyline University 2022 Economics Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2022 Economics Objective / Multiple Choice
Question 31 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ECONOMICS • objective

Suppose a firm's revenue function is given by R(x) = 2x^2 + 5x + 1, and its \cost function is given by C(x) = 3x^2 + 2x + 10. Find the break-even point, where TR = TC.

Answer Options

A. \( x = -1 \)
Correct Answer B. \( x = 2 \)
C. \( x = -2 \)
D. \( x = 1 \)
Correct Answer
B
Correct Option:
\( x = 2 \)

About This Question

This is Post Utme Skyline University 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Skyline University Economics examination.

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