Post Utme Lead City University 2018 Economics Question 1

Practice objective / multiple choice question 1 from the 2018 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2018 Economics Objective / Multiple Choice
Question 1 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's total revenue is given by the equation \( TR = 100p - 2p^2 \), where ( p ) is the price per unit. If the firm sells 200 units at a price of ₦50 per unit, what is the total revenue?

Answer Options

Correct Answer A. ₦8000
B. ₦9000
C. ₦10000
D. ₦11000
Correct Answer
A
Correct Option:
₦8000

About This Question

This is Post Utme Lead City University 2018 Economics Question 1. It is one of the objective questions from the 2018 Post Utme Lead City University Economics examination.

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