Post Utme Al Hikmah University 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is the total revenue and Q is the quantity sold. If the firm sells 20 units, what is the marginal revenue?

Answer Options

A. ₦100
Correct Answer B. ₦120
C. ₦140
D. ₦160
Correct Answer
B
Correct Option:
₦120

About This Question

This is Post Utme Al Hikmah University 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Economics examination.

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