Post Utme Aaua 2021 Economics Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 30 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 0.01Q^2, where Q is the firm's output. If the firm produces 1000 units of output, what is the firm's revenue?

Answer Options

A. 90,000
Correct Answer B. 100,000
C. 110,000
D. 120,000
Correct Answer
B
Correct Option:
100,000

About This Question

This is Post Utme Aaua 2021 Economics Question 30. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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