Post Utme Achievers University 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is revenue and Q is quantity sold. If the firm sells 20 units, calculate the firm's marginal revenue (MR) and average revenue (AR).

Answer Options

A. 80
B. 90
Correct Answer C. 100
D. 110
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Achievers University 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Achievers University Economics examination.

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