Post Utme Crawford University 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 2Q^2 - 10Q + 100. If the firm's marginal revenue (MR) is ₦20, what is the profit-maximizing output level?

Answer Options

A. 5 units
B. 10 units
Correct Answer C. 15 units
D. 20 units
Correct Answer
C
Correct Option:
15 units

About This Question

This is Post Utme Crawford University 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Crawford University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support