Post Utme Ui 2024 Commerce Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Ui Commerce examination.

Post Utme Ui 2024 Commerce Objective / Multiple Choice
Question 25 POST_UTME_UI • 2024 • COMMERCE • objective

A firm's profit function is given by the equation P(x) = R(x) - C(x), where R(x) is the revenue function and C(x) is the cost function. If the revenue function is R(x) = 2x^2 + 5x and the cost function is C(x) = 3x^2 + 2x, what is the profit function?

Answer Options

Correct Answer A. -x^2 + 3x
B. x^2 + 3x
C. 2x^2 + 3x
D. 3x^2 + 2x
Correct Answer
A
Correct Option:
-x^2 + 3x

About This Question

This is Post Utme Ui 2024 Commerce Question 25. It is one of the objective questions from the 2024 Post Utme Ui Commerce examination.

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