Post Utme Covenant University 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_COVENANT_UNIVERSITY • 2022 • 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. ₦3000
Correct Answer B. ₦3200
C. ₦3400
D. ₦3600
Correct Answer
B
Correct Option:
₦3200

About This Question

This is Post Utme Covenant University 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Covenant University Economics examination.

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