Post Utme Futo 2022 Commerce Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Futo Commerce examination.

Post Utme Futo 2022 Commerce Objective / Multiple Choice
Question 9 POST_UTME_FUTO • 2022 • COMMERCE • objective

A firm has a demand function given by P = 100 - 2Q . If the firm produces 20 units of output, what is the total revenue?

Answer Options

A. ₦1000
Correct Answer B. ₦1200
C. ₦1400
D. ₦1600
Correct Answer
B
Correct Option:
₦1200

About This Question

This is Post Utme Futo 2022 Commerce Question 9. It is one of the objective questions from the 2022 Post Utme Futo Commerce examination.

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