Post Utme Bowen University 2024 Economics Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2024 Economics Objective / Multiple Choice
Question 9 POST_UTME_BOWEN_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's revenue function is given by R(q) = 100q - 2q^2. If the firm produces 20 units of output, what is the total revenue?

Answer Options

A. ₦1500
Correct Answer B. ₦1600
C. ₦1700
D. ₦1800
Correct Answer
B
Correct Option:
₦1600

About This Question

This is Post Utme Bowen University 2024 Economics Question 9. It is one of the objective questions from the 2024 Post Utme Bowen University Economics examination.

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