Post Utme Elizade University 2022 Economics Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2022 Economics Objective / Multiple Choice
Question 17 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 1000 + 20Q - 0.5Q^2, where Q is the quantity sold. If the firm sells 100 units, what is the marginal revenue?

Answer Options

A. ₦200
B. ₦250
Correct Answer C. ₦300
D. ₦350
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Elizade University 2022 Economics Question 17. It is one of the objective questions from the 2022 Post Utme Elizade University Economics examination.

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