Post Utme Greenfield University 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's demand curve is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm's marginal revenue is ₦500, what is the firm's total revenue?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Greenfield University 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Greenfield University Economics examination.

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