Post Utme Crawford University 2021 Commerce Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2021 Commerce Objective / Multiple Choice
Question 24 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • COMMERCE • objective

A firm's marginal revenue function is given by MR = 100 - 4Q. If the firm's output is 8 units, what is the firm's marginal revenue?

Answer Options

A. ₦60
B. ₦80
Correct Answer C. ₦100
D. ₦120
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Crawford University 2021 Commerce Question 24. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.

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