Post Utme Joseph Ayo Babalola University 2019 Economics Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2019 Economics Objective / Multiple Choice
Question 6 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue is 80 when x = 20, what is the value of the firm's total revenue at x = 30?

Answer Options

A. ₦12000
B. ₦13000
Correct Answer C. ₦14000
D. ₦15000
Correct Answer
C
Correct Option:
₦14000

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Economics Question 6. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Economics examination.

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