Post Utme Ims U 2017 Commerce Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Ims U Commerce examination.

Post Utme Ims U 2017 Commerce Objective / Multiple Choice
Question 33 POST_UTME_IMS_U • 2017 • COMMERCE • objective

A firm's revenue function is given by R(p) = 2p^2 + 3p. If the firm's marginal revenue is ₦100, what is the optimal price (p)?

Answer Options

A. ₦10
B. ₦20
Correct Answer C. ₦30
D. ₦40
Correct Answer
C
Correct Option:
₦30

About This Question

This is Post Utme Ims U 2017 Commerce Question 33. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.

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