Post Utme Lautech 2022 Economics Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Lautech Economics examination.

Post Utme Lautech 2022 Economics Objective / Multiple Choice
Question 1 POST_UTME_LAUTECH • 2022 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm sells 20 units, what is its total revenue?

Answer Options

A. \₦1000
Correct Answer B. \₦1200
C. \₦1800
D. \₦2000
Correct Answer
B
Correct Option:
\₦1200

About This Question

This is Post Utme Lautech 2022 Economics Question 1. It is one of the objective questions from the 2022 Post Utme Lautech Economics examination.

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