Post Utme Covenant University 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2017 Economics Objective / Multiple Choice
Question 4 POST_UTME_COVENANT_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is revenue and Q is output. If the firm produces 10 units of output, what is the marginal revenue?

Answer Options

A. ₦800
B. ₦900
Correct Answer C. ₦1000
D. ₦1100
Correct Answer
C
Correct Option:
₦1000

About This Question

This is Post Utme Covenant University 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Covenant University Economics examination.

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