Post Utme Futo 2020 Economics Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 11 POST_UTME_FUTO • 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 sells 20 units, what is its total revenue?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1800
D. 2000
Correct Answer
C
Correct Option:
1800

About This Question

This is Post Utme Futo 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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