Post Utme Abu 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 36 POST_UTME_ABU • 2022 • ECONOMICS • objective

A firm's revenue function is given by R = 2Q + 3P, where R is the revenue, Q is the quantity, and P is the price. If the quantity is 10 and the price is ₦20, what is the revenue?

Answer Options

A. ₦200
B. ₦300
Correct Answer C. ₦400
D. ₦500
Correct Answer
C
Correct Option:
₦400

About This Question

This is Post Utme Abu 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support