Post Utme Uniben 2018 Commerce Question 29
Practice objective / multiple choice question 29 from the 2018 Post Utme Uniben Commerce examination.
A firm wants to determine the optimal price for its product. The demand function for the product is given by the equation ( P = 100 - 2Q ), where P is the price and Q is the quantity demanded. If the firm wants to maximize its revenue, what should it do?
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About This Question
This is Post Utme Uniben 2018 Commerce Question 29. It is one of the objective questions from the 2018 Post Utme Uniben Commerce examination.
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