Post Utme Ksu 2023 Economics Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Ksu Economics examination.

Post Utme Ksu 2023 Economics Objective / Multiple Choice
Question 16 POST_UTME_KSU • 2023 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 100x - 2x^2, where x is the number of units produced. If the firm's marginal revenue is 50 at x = 10, what is the value of the firm's total revenue at x = 20?

Answer Options

A. ₦2000
Correct Answer B. ₦2500
C. ₦3000
D. ₦3500
Correct Answer
B
Correct Option:
₦2500

About This Question

This is Post Utme Ksu 2023 Economics Question 16. It is one of the objective questions from the 2023 Post Utme Ksu Economics examination.

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