Post Utme Bsu 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_BSU • 2025 • ECONOMICS • objective

A firm's revenue function is given by R(p, q) = 2pq, where p is the price and q is the quantity. If the firm's current price and quantity are p = 10 and q = 5, respectively, what is 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 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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