Post Utme Aaua 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Aaua Economics examination.

Post Utme Aaua 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_AAUA • 2019 • ECONOMICS • objective

A firm's total revenue (TR) is given by TR = 100Q - 2Q^2. If the firm's output (Q) increases by 10%, what will be the effect on its total revenue?

Answer Options

A. TR will increase by 10%
Correct Answer B. TR will increase by 20%
C. TR will remain unchanged
D. TR will decrease by 10%
Correct Answer
B
Correct Option:
TR will increase by 20%

About This Question

This is Post Utme Aaua 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Aaua Economics examination.

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