Post Utme Futa 2017 Economics Question 1
Practice objective / multiple choice question 1 from the 2017 Post Utme Futa Economics examination.
A firm's demand curve is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm's revenue function is R(P) = P\( 100 - 2P \), find the price at which the firm's revenue is maximized.
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This is Post Utme Futa 2017 Economics Question 1. It is one of the objective questions from the 2017 Post Utme Futa Economics examination.
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