Post Utme Aaua 2021 Economics Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 40 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A firm's total revenue (TR) is given by \( TR = 100Q - 2Q^2 \). If the marginal revenue (MR) is given by \( MR = 100 - 4Q \), find the profit-maximizing quantity.

Answer Options

A. \( Q = 5 \)
Correct Answer B. \( Q = 10 \)
C. \( Q = 15 \)
D. \( Q = 20 \)
Correct Answer
B
Correct Option:
\( Q = 10 \)

About This Question

This is Post Utme Aaua 2021 Economics Question 40. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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