Post Utme Unilag 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice

Question 36 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 2x^2 + 5x + 1, where x is the number of units produced. If the firm's \cost function is C(x) = 3x^2 + 2x + 5, what is the profit function?

Answer Options

Correct Answer A. -x^2 + 3x - 4

B. x^2 - 3x + 4

C. x^2 + 3x - 4

D. -x^2 - 3x + 4

Correct Answer

Correct Option:

-x^2 + 3x - 4

About This Question

This is Post Utme Unilag 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

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