Post Utme Aaua 2017 Economics Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice
Question 2 POST_UTME_AAUA • 2017 • ECONOMICS • objective

A firm's total revenue function is given by ( TR(q) = 100q - 2q^2 ). If the firm's marginal revenue function is ( MR(q) = 100 - 4q ), what is the firm's optimal output level?

Answer Options

A. 25
Correct Answer B. 50
C. 75
D. 100
Correct Answer
B
Correct Option:
50

About This Question

This is Post Utme Aaua 2017 Economics Question 2. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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