Post Utme Ui 2021 Commerce Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Ui Commerce examination.

Post Utme Ui 2021 Commerce Objective / Multiple Choice
Question 14 POST_UTME_UI • 2021 • COMMERCE • objective

A firm's revenue function is given by R = 2Q^2 - 5Q + 3, where Q is the quantity sold. If the firm wants to maximize its revenue, then the optimal quantity to produce is

Answer Options

A. 1
B. 2
Correct Answer C. 3
D. 4
Correct Answer
C
Correct Option:
3

About This Question

This is Post Utme Ui 2021 Commerce Question 14. It is one of the objective questions from the 2021 Post Utme Ui Commerce examination.

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