Post Utme Lautech 2023 Economics Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Lautech Economics examination.

Post Utme Lautech 2023 Economics Objective / Multiple Choice
Question 19 POST_UTME_LAUTECH • 2023 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is revenue and Q is quantity sold. If the firm sells 20 units, what is its revenue?

Answer Options

A. ₦1800
B. ₦2000
Correct Answer C. ₦2200
D. ₦2400
Correct Answer
C
Correct Option:
₦2200

About This Question

This is Post Utme Lautech 2023 Economics Question 19. It is one of the objective questions from the 2023 Post Utme Lautech Economics examination.

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