Post Utme Joseph Ayo Babalola University 2017 Commerce Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2017 Commerce Objective / Multiple Choice
Question 30 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

A company's revenue function is given by R = 100P - 2P^2, where R is the total revenue and P is the price. If the company wants to increase its total revenue by 30%, what percentage increase in price is required?

Answer Options

A. 15%
B. 20%
C. 25%
Correct Answer D. 30%
Correct Answer
D
Correct Option:
30%

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Commerce Question 30. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

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