Post Utme Coal City University 2023 Economics Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2023 Economics Objective / Multiple Choice
Question 23 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's revenue function is given by R(q) = 25q - 0.25q^2. If the firm produces 8 units of output, what is the marginal revenue?

Answer Options

A. ₦100
B. ₦125
Correct Answer C. ₦150
D. ₦175
Correct Answer
C
Correct Option:
₦150

About This Question

This is Post Utme Coal City University 2023 Economics Question 23. It is one of the objective questions from the 2023 Post Utme Coal City University Economics examination.

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