Post Utme Bsu 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Bsu Economics examination.

Post Utme Bsu 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_BSU • 2018 • ECONOMICS • objective

A firm's total revenue is given by TR = 100P - 0.5P^2, where P is the price. Find the price that maximizes the firm's total revenue.

Answer Options

A. ₦50
B. ₦75
Correct Answer C. ₦100
D. ₦125
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Bsu 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Bsu Economics examination.

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