Post Utme Uniosun 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_UNIOSUN • 2025 • COMMERCE • objective

A firm's demand function is given by P = 100 - 2Q, where P is the price and Q is the quantity demanded. If the firm wants to maximize its revenue, what price should it charge?

Answer Options

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

About This Question

This is Post Utme Uniosun 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Uniosun Commerce examination.

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