Post Utme Bowen University 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2022 Commerce Objective / Multiple Choice

Question 32 POST_UTME_BOWEN_UNIVERSITY • 2022 • COMMERCE • objective

A firm's total revenue is given by the equation (TR = 20Q - 0.5Q^2). Find the marginal revenue function.

Answer Options

Correct Answer A. (MR = 20 - Q)

B. (MR = 20 + Q)

C. (MR = 20 - 0.5Q)

D. (MR = 20 + 0.5Q)

Correct Answer

Correct Option:

(MR = 20 - Q)

About This Question

This is Post Utme Bowen University 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Bowen University Commerce examination.

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