Post Utme Delsu 2021 Economics Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Delsu Economics examination.

Post Utme Delsu 2021 Economics Objective / Multiple Choice
Question 27 POST_UTME_DELSU • 2021 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 2x^2 + 5x - 3. Find the marginal revenue function and explain its significance.

Answer Options

Correct Answer A. The marginal revenue function is given by MR(x) = 4x + 5.
B. The marginal revenue function is given by MR(x) = 2x + 5.
C. The marginal revenue function is given by MR(x) = 4x - 5.
D. The marginal revenue function is given by MR(x) = 2x - 5.
Correct Answer
A
Correct Option:
The marginal revenue function is given by MR(x) = 4x + 5.

About This Question

This is Post Utme Delsu 2021 Economics Question 27. It is one of the objective questions from the 2021 Post Utme Delsu Economics examination.

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