Post Utme Bowen University 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A firm's marginal revenue is the change in its total revenue resulting from a one-unit change in the quantity sold. If the total revenue is ₦10,000 and the quantity sold is 50 units, what is the marginal revenue?

Answer Options

Correct Answer A. ₦200
B. ₦300
C. ₦400
D. ₦500
Correct Answer
A
Correct Option:
₦200

About This Question

This is Post Utme Bowen University 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce 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