Post Utme Covenant University 2017 Economics Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2017 Economics Objective / Multiple Choice
Question 8 POST_UTME_COVENANT_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's marginal revenue is given by the equation MR = 100 - 4x, where x is the number of units sold. If the firm sells 15 units, what is its marginal revenue?

Answer Options

Correct Answer A. ₦40
B. ₦60
C. ₦80
D. ₦100
Correct Answer
A
Correct Option:
₦40

About This Question

This is Post Utme Covenant University 2017 Economics Question 8. It is one of the objective questions from the 2017 Post Utme Covenant University Economics examination.

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