Post Utme Ui 2017 Economics Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Ui Economics examination.

Post Utme Ui 2017 Economics Objective / Multiple Choice
Question 21 POST_UTME_UI • 2017 • ECONOMICS • objective

A firm's \cost function is given by ( C(x) = 2x^2 + 5x + 10 ). If the firm's revenue function is given by ( R(x) = 3x^2 - 2x + 15 ), find the profit-maximizing output level.

Answer Options

A. \( x = 1 \)
Correct Answer B. \( x = 2 \)
C. \( x = 3 \)
D. \( x = 4 \)
Correct Answer
B
Correct Option:
\( x = 2 \)

About This Question

This is Post Utme Ui 2017 Economics Question 21. It is one of the objective questions from the 2017 Post Utme Ui Economics examination.

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