Post Utme Covenant University 2017 Economics Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2017 Economics Objective / Multiple Choice
Question 11 POST_UTME_COVENANT_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue (MR) is 80, find the value of x.

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Covenant University 2017 Economics Question 11. It is one of the objective questions from the 2017 Post Utme Covenant University Economics examination.

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