Post Utme Uniben 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

A firm has a \cost function given by C(Q) = 2Q^2 + 10Q. U\sing the concept of \cost and revenue analysis, determine the price at which the firm should produce to maximize profits.

Answer Options

A. ₦50
B. ₦75
Correct Answer C. ₦100
D. ₦125
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Uniben 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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