Post Utme Ims U 2024 Commerce Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice
Question 24 POST_UTME_IMS_U • 2024 • COMMERCE • objective

A firm's revenue function is given by R = 2Q + 3Q^2, where R is revenue and Q is output. If the firm produces 10 units of output, what is the revenue level?

Answer Options

A. ₦200
B. ₦300
Correct Answer C. ₦400
D. ₦500
Correct Answer
C
Correct Option:
₦400

About This Question

This is Post Utme Ims U 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

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