Post Utme Afe Babalola University 2021 Economics Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2021 Economics Objective / Multiple Choice
Question 20 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's revenue function is given by R = 200Q - 0.5Q^2, where R is revenue and Q is quantity sold. If the firm sells 100 units, what is the revenue?

Answer Options

A. 15000
B. 18000
Correct Answer C. 20000
D. 22000
Correct Answer
C
Correct Option:
20000

About This Question

This is Post Utme Afe Babalola University 2021 Economics Question 20. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Economics examination.

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