Post Utme Igbinedion University 2022 Commerce Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2022 Commerce Objective / Multiple Choice
Question 30 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • COMMERCE • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is revenue and Q is output. If the firm produces 50 units of output, what is the total revenue?

Answer Options

Correct Answer A. 2500
B. 2600
C. 2700
D. 2800
Correct Answer
A
Correct Option:
2500

About This Question

This is Post Utme Igbinedion University 2022 Commerce Question 30. It is one of the objective questions from the 2022 Post Utme Igbinedion University Commerce examination.

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