Post Utme Ksu 2017 Economics Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Ksu Economics examination.

Post Utme Ksu 2017 Economics Objective / Multiple Choice
Question 21 POST_UTME_KSU • 2017 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100q - 2q^2, where q is the quantity sold. If the firm's marginal revenue is 50, find the quantity at which the firm's total revenue is maximized.

Answer Options

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

About This Question

This is Post Utme Ksu 2017 Economics Question 21. It is one of the objective questions from the 2017 Post Utme Ksu Economics examination.

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