Post Utme Lasu 2019 Commerce Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Lasu Commerce examination.

Post Utme Lasu 2019 Commerce Objective / Multiple Choice
Question 24 POST_UTME_LASU • 2019 • COMMERCE • objective

A firm's demand function is given by p(x) = 100 - 2x, where p is the price per unit and x is the number of units sold. If the firm sells 5 units, what is the total revenue?

Answer Options

A. 375
B. 425
Correct Answer C. 475
D. 525
Correct Answer
C
Correct Option:
475

About This Question

This is Post Utme Lasu 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Lasu Commerce examination.

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