Post Utme Summit University 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Summit University Economics examination.

Post Utme Summit University 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ECONOMICS • objective

A firm has a total revenue function given by TR = 2Q^2 - 10Q + 100 and a total \cost function given by TC = Q^2 + 5Q + 50. What is the profit-maximizing quantity of output?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Summit University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.

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