Post Utme Uniport 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Uniport Economics examination.

Post Utme Uniport 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNIPORT • 2020 • ECONOMICS • objective

A firm's total revenue is given by TR = 100Q - 2Q^2 and the total \cost is given by TC = 50Q + 100. Find the profit-maximizing quantity.

Answer Options

A. 20 units
Correct Answer B. 30 units
C. 40 units
D. 50 units
Correct Answer
B
Correct Option:
30 units

About This Question

This is Post Utme Uniport 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.

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