Post Utme Lasu 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Lasu Commerce examination.

Post Utme Lasu 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_LASU • 2020 • COMMERCE • objective

A company's revenue function is given by R = 2Q^2, where R is revenue and Q is output. If the firm's output is 5 units, what is the firm's revenue?

Answer Options

A. ₦50
B. ₦100
Correct Answer C. ₦200
D. ₦500
Correct Answer
C
Correct Option:
₦200

About This Question

This is Post Utme Lasu 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Lasu Commerce examination.

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