Post Utme Lautech 2025 Economics Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Lautech Economics examination.

Post Utme Lautech 2025 Economics Objective / Multiple Choice
Question 21 POST_UTME_LAUTECH • 2025 • 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's marginal revenue is 120 when x = 5, what is the firm's total revenue when x = 10?

Answer Options

A. ₦2500
Correct Answer B. ₦3000
C. ₦3500
D. ₦4000
Correct Answer
B
Correct Option:
₦3000

About This Question

This is Post Utme Lautech 2025 Economics Question 21. It is one of the objective questions from the 2025 Post Utme Lautech Economics examination.

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