Post Utme Uniport 2019 Economics Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Uniport Economics examination.

Post Utme Uniport 2019 Economics Objective / Multiple Choice
Question 32 POST_UTME_UNIPORT • 2019 • ECONOMICS • objective

A firm has a total revenue function of \( TR = 100x - 2x^2 \) and a total \cost function of \( TC = 50 + 10x + 2x^2 \). What is the profit-maximizing level of output?

Answer Options

A. x = 5
Correct Answer B. x = 10
C. x = 15
D. x = 20
Correct Answer
B
Correct Option:
x = 10

About This Question

This is Post Utme Uniport 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.

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