Post Utme Caleb University 2024 Economics Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2024 Economics Objective / Multiple Choice
Question 21 POST_UTME_CALEB_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's total revenue (TR) is given by TR = 2Q^2, where Q is the firm's output. If the firm's current output is Q = 5, calculate the firm's total revenue.

Answer Options

A. 50
B. 100
Correct Answer C. 150
D. 200
Correct Answer
C
Correct Option:
150

About This Question

This is Post Utme Caleb University 2024 Economics Question 21. It is one of the objective questions from the 2024 Post Utme Caleb University Economics examination.

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