Post Utme Igbinedion University 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100q - 2q^2, where q is the quantity sold. If the firm's marginal revenue (MR) is 80, find the quantity at which MR = TR.

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Igbinedion University 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Igbinedion University Economics examination.

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