Post Utme Elizade University 2017 Economics Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2017 Economics Objective / Multiple Choice
Question 2 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm sells 20 units, what is its total revenue?

Answer Options

A. ₦1000
Correct Answer B. ₦1200
C. ₦1400
D. ₦1600
Correct Answer
B
Correct Option:
₦1200

About This Question

This is Post Utme Elizade University 2017 Economics Question 2. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.

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