Post Utme Achievers University 2021 Economics Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2021 Economics Objective / Multiple Choice
Question 11 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue (MR) is 80, find the value of x.

Answer Options

A. 10
B. 20
Correct Answer C. 30
D. 40
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Achievers University 2021 Economics Question 11. It is one of the objective questions from the 2021 Post Utme Achievers University Economics examination.

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