Post Utme Afe Babalola University 2025 Economics Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 21 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 100x - 2x^2. If the firm's marginal revenue is 120 when x = 8, what is the value of the firm's total revenue?

Answer Options

A. ₦800
B. ₦1000
Correct Answer C. ₦1200
D. ₦1600
Correct Answer
C
Correct Option:
₦1200

About This Question

This is Post Utme Afe Babalola University 2025 Economics Question 21. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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