Post Utme Delsu 2021 Economics Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Delsu Economics examination.

Post Utme Delsu 2021 Economics Objective / Multiple Choice
Question 39 POST_UTME_DELSU • 2021 • ECONOMICS • objective

A firm's total revenue is given by TR = 100Q - 2Q^2, where Q is output. If the firm's output is increased by 20%, what is the percentage change in total revenue?

Answer Options

Correct Answer A. -10%
B. 0%
C. 5%
D. 10%
Correct Answer
A
Correct Option:
-10%

About This Question

This is Post Utme Delsu 2021 Economics Question 39. It is one of the objective questions from the 2021 Post Utme Delsu Economics examination.

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