Post Utme Unilorin 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_UNILORIN • 2018 • COMMERCE • objective

A company's profit function is given by \[ \pi(x) = R(x) - C(x) \]. If the company produces 10 units of output, what is its profit?

Answer Options

A. 50
B. 60
Correct Answer C. 70
D. 80
Correct Answer
C
Correct Option:
70

About This Question

This is Post Utme Unilorin 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Unilorin Commerce examination.

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