Post Utme Caleb University 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_CALEB_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100x - 2x^2, where x is the number of units sold. What is the marginal revenue when x = 20?

Answer Options

A. 980
Correct Answer B. 1000
C. 1020
D. 1040
Correct Answer
B
Correct Option:
1000

About This Question

This is Post Utme Caleb University 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Caleb University Economics examination.

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