Post Utme Caleb University 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2021 Economics Objective / Multiple Choice

Question 24 POST_UTME_CALEB_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's revenue function is given by R(Q) = 100Q - 2Q^2. Find the marginal revenue function.

Answer Options

Correct Answer A. MR = 100 - 4Q

B. MR = 100 - 2Q

C. MR = 100 + 2Q

D. MR = 100 + 4Q

Correct Answer

Correct Option:

MR = 100 - 4Q

About This Question

This is Post Utme Caleb University 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Caleb University Economics examination.

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