Post Utme Esut 2025 Economics Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Esut Economics examination.

Post Utme Esut 2025 Economics Objective / Multiple Choice
Question 1 POST_UTME_ESUT • 2025 • ECONOMICS • objective

A firm's total revenue is given by the equation \( TR = 100x - 2x^2 \), where ( x ) is the number of units sold. If the firm's marginal revenue is \( MR = 100 - 4x \), find the value of ( x ) at which the firm's revenue is maximized.

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Esut 2025 Economics Question 1. It is one of the objective questions from the 2025 Post Utme Esut Economics examination.

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