Post Utme Afe Babalola University 2020 Economics Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2020 Economics Objective / Multiple Choice
Question 7 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's total revenue is given by the equation \( TR = 100x - 2x^2 \), where ( x ) is the number of units sold. If the firm sells 20 units, what is its total revenue?

Answer Options

A. ₦1,600
B. ₦1,800
Correct Answer C. ₦2,000
D. ₦2,200
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Afe Babalola University 2020 Economics Question 7. It is one of the objective questions from the 2020 Post Utme Afe Babalola University 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