Post Utme Lautech 2025 Commerce Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Lautech Commerce examination.

Post Utme Lautech 2025 Commerce Objective / Multiple Choice
Question 13 POST_UTME_LAUTECH • 2025 • COMMERCE • objective

A firm's revenue function is given by R = 100Q - 2Q^2. If the firm's output is increased by 10%, what is the new level of revenue?

Answer Options

A. 90%
B. 95%
C. 100%
Correct Answer D. 105%
Correct Answer
D
Correct Option:
105%

About This Question

This is Post Utme Lautech 2025 Commerce Question 13. It is one of the objective questions from the 2025 Post Utme Lautech Commerce examination.

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