Post Utme Futa 2020 Economics Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Futa Economics examination.

Post Utme Futa 2020 Economics Objective / Multiple Choice
Question 16 POST_UTME_FUTA • 2020 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100q - 2q^2, where q is the quantity sold. If the firm's marginal revenue (MR) is 80, what is the value of q?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Futa 2020 Economics Question 16. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.

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