Post Utme Unn 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Unn Economics examination.

Post Utme Unn 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_UNN • 2020 • ECONOMICS • objective

A firm's \cost function is given by C(Q) = 2Q^2 + 10Q + 100, and its revenue function is given by R(Q) = 3Q^2 + 20Q. What is the firm's profit-maximizing quantity of output?

Answer Options

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

About This Question

This is Post Utme Unn 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Unn Economics examination.

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