Post Utme Caleb University 2023 Commerce Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2023 Commerce Objective / Multiple Choice
Question 28 POST_UTME_CALEB_UNIVERSITY • 2023 • COMMERCE • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is the total revenue and Q is the quantity sold. If the firm sells 20 units, what is the total revenue?

Answer Options

Correct Answer A. 1200
B. 1500
C. 1800
D. 2000
Correct Answer
A
Correct Option:
1200

About This Question

This is Post Utme Caleb University 2023 Commerce Question 28. It is one of the objective questions from the 2023 Post Utme Caleb University Commerce examination.

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