Post Utme Bowen University 2017 Economics Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2017 Economics Objective / Multiple Choice
Question 6 POST_UTME_BOWEN_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's total revenue (TR) 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 the total revenue?

Answer Options

A. ₦2000
Correct Answer B. ₦1800
C. ₦2200
D. ₦1600
Correct Answer
B
Correct Option:
₦1800

About This Question

This is Post Utme Bowen University 2017 Economics Question 6. It is one of the objective questions from the 2017 Post Utme Bowen 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