Post Utme Summit University 2019 Economics Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Summit University Economics examination.

Post Utme Summit University 2019 Economics Objective / Multiple Choice

Question 39 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ECONOMICS • objective

A firm has a \cost function C(x) = 2x^2 + 3x - 4. If the price of the good is P = 10, find the profit-maximizing quantity.

Answer Options

A. x = 2

Correct Answer B. x = 3

C. x = 4

D. x = 5

Correct Answer

Correct Option:

x = 3

About This Question

This is Post Utme Summit University 2019 Economics Question 39. It is one of the objective questions from the 2019 Post Utme Summit University Economics examination.

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