Post Utme Igbinedion University 2022 Economics Question 6

Practice objective / multiple choice question 6 from the 2022 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2022 Economics Objective / Multiple Choice
Question 6 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's total revenue (TR) is given by TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue (MR) is 100 - 4x, find the value of x at which MR = 0.

Answer Options

A. 25
B. 50
C. 75
Correct Answer D. 100
Correct Answer
D
Correct Option:
100

About This Question

This is Post Utme Igbinedion University 2022 Economics Question 6. It is one of the objective questions from the 2022 Post Utme Igbinedion University Economics examination.

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