Post Utme Ui 2018 Economics Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Ui Economics examination.

Post Utme Ui 2018 Economics Objective / Multiple Choice
Question 3 POST_UTME_UI • 2018 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 2x^2 + 5x + 1, where x is the number of units produced. If the firm's revenue function is R(x) = 4x^2 + 5x + 1, find the break-even point.

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 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Ui Economics examination.

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