Post Utme Delsu 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 4 POST_UTME_DELSU • 2017 • ECONOMICS • objective

A firm's revenue function is given by R(Q) = 100Q - 2Q^2. The firm's marginal revenue is given by MR = 100 - 4Q. What is the firm's optimal quantity?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Delsu 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Delsu 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