Post Utme Lasu 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_LASU • 2021 • ECONOMICS • objective

A firm's total revenue is given by TR(q) = 20q - 0.5q^2. If the firm's marginal revenue is $10, what is its total revenue?

Answer Options

A. $500
Correct Answer B. $600
C. $700
D. $800
Correct Answer
B
Correct Option:
$600

About This Question

This is Post Utme Lasu 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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