Post Utme Greenfield University 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2020 Economics Objective / Multiple Choice
Question 17 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 100x - 2x^2, where x is the number of units produced and sold. If the firm produces and sells 20 units, what is the total revenue?

Answer Options

A. ₦1,600
B. ₦1,800
Correct Answer C. ₦2,000
D. ₦2,200
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Greenfield University 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Greenfield University Economics examination.

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