Post Utme Uniosun 2018 Commerce Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2018 Commerce Objective / Multiple Choice
Question 9 POST_UTME_UNIOSUN • 2018 • COMMERCE • objective

A firm's revenue function is given by R = 100Q - 2Q^2. If the firm's marginal revenue is equal to its marginal cost, what is the firm's optimal quantity?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Uniosun 2018 Commerce Question 9. It is one of the objective questions from the 2018 Post Utme Uniosun Commerce examination.

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