Post Utme Uniben 2021 Commerce Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Uniben Commerce examination.

Post Utme Uniben 2021 Commerce Objective / Multiple Choice
Question 20 POST_UTME_UNIBEN • 2021 • COMMERCE • objective

A firm has the following profit function: π = 100Q - 2Q^2 - 100. If the firm produces 10 units of output, what is the profit?

Answer Options

A. 0
B. 50
Correct Answer C. 100
D. 150
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Uniben 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support