Post Utme Afe Babalola University 2017 Commerce Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2017 Commerce Objective / Multiple Choice
Question 14 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's current price is P = 20, what is the marginal revenue?

Answer Options

Correct Answer A. -40
B. -20
C. 0
D. 40
Correct Answer
A
Correct Option:
-40

About This Question

This is Post Utme Afe Babalola University 2017 Commerce Question 14. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Commerce examination.

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