Post Utme Unilorin 2019 Commerce Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2019 Commerce Objective / Multiple Choice
Question 20 POST_UTME_UNILORIN • 2019 • COMMERCE • objective

A firm's profit function is given by P(x) = R(x) - C(x), where R(x) is the revenue function and C(x) is the cost function. If the firm sells 10 units and produces 5 units, what is the total profit?

Answer Options

A. 15
B. 20
Correct Answer C. 25
D. 30
Correct Answer
C
Correct Option:
25

About This Question

This is Post Utme Unilorin 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Unilorin 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