Post Utme Lautech 2021 Economics Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 9 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective

A firm's demand function is given by \( Q = 100 - 2P \). If the price of the good is ₦20, what is the firm's revenue?

Answer Options

Correct Answer A. ₦2000
B. ₦4000
C. ₦6000
D. ₦8000
Correct Answer
A
Correct Option:
₦2000

About This Question

This is Post Utme Lautech 2021 Economics Question 9. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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