Post Utme Crawford University 2024 Commerce Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2024 Commerce Objective / Multiple Choice
Question 23 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's current price is ₦50, what is the marginal revenue?

Answer Options

A. ₦100
B. ₦50
Correct Answer C. ₦-50
D. ₦-100
Correct Answer
C
Correct Option:
₦-50

About This Question

This is Post Utme Crawford University 2024 Commerce Question 23. It is one of the objective questions from the 2024 Post Utme Crawford University Commerce examination.

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