Post Utme Bowen University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_BOWEN_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's revenue function is given by \( R = 200Q - 0.05Q^2 \). If the firm produces 50 units of output, what is the total revenue?

Answer Options

A. ₦9000
B. ₦10,000
Correct Answer C. ₦11,250
D. ₦12,500
Correct Answer
C
Correct Option:
₦11,250

About This Question

This is Post Utme Bowen University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Bowen University Economics examination.

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