Post Utme Futa 2021 Commerce Question 9
Practice objective / multiple choice question 9 from the 2021 Post Utme Futa Commerce examination.
A firm's revenue function is given by R = 100Q - 2Q^2, where R is the total revenue and Q is the quantity sold. If the firm's marginal revenue is given by MR = 100 - 4Q, what is the firm's optimal quantity?
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About This Question
This is Post Utme Futa 2021 Commerce Question 9. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.
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