Post Utme Uniben 2025 Economics Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 15 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A firm is producing a good with a demand function Q = 100 - 2P and a \cost function C = 2Q^2 + 100Q. If the market price is P = 50, what is the firm's profit?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Uniben 2025 Economics Question 15. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

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