Post Utme Christopher University 2021 Economics Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2021 Economics Objective / Multiple Choice
Question 1 POST_UTME_CHRISTOPHER_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. If the firm's marginal revenue is 80 when x = 20, what is the firm's total revenue when x = 30?

Answer Options

A. ₦3,000
B. ₦3,500
Correct Answer C. ₦4,000
D. ₦4,500
Correct Answer
C
Correct Option:
₦4,000

About This Question

This is Post Utme Christopher University 2021 Economics Question 1. It is one of the objective questions from the 2021 Post Utme Christopher University Economics examination.

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