Post Utme Eksu 2017 Commerce Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Eksu Commerce examination.

Post Utme Eksu 2017 Commerce Objective / Multiple Choice
Question 18 POST_UTME_EKSU • 2017 • COMMERCE • objective

A firm's revenue function is given by R = 100p - 2p^2, where p is the price per unit. If the firm's current price is 20 units, what is the firm's marginal revenue?

Answer Options

A. 80
B. 90
Correct Answer C. 100
D. 110
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Eksu 2017 Commerce Question 18. It is one of the objective questions from the 2017 Post Utme Eksu Commerce examination.

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