Post Utme Ui 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Ui Economics examination.

Post Utme Ui 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_UI • 2022 • ECONOMICS • objective

A firm's total revenue (TR) is given by TR = 2Q^2 + 10Q. If the firm's marginal \cost (MC) is given by MC = Q + 5, what is the firm's optimal quantity?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Ui 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Ui Economics examination.

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