Post Utme Bsu 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Bsu Commerce examination.

Post Utme Bsu 2017 Commerce Objective / Multiple Choice
Question 40 POST_UTME_BSU • 2017 • COMMERCE • objective

A firm's revenue function is given by R = 2Q^2, where R is revenue and Q is output. If the firm wants to increase revenue by 50% while keeping output constant, what is the new revenue?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Bsu 2017 Commerce Question 40. It is one of the objective questions from the 2017 Post Utme Bsu 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