Post Utme Lead City University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

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

Answer Options

Correct Answer A. ₦100
B. ₦90
C. ₦80
D. ₦70
Correct Answer
A
Correct Option:
₦100

About This Question

This is Post Utme Lead City University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Lead City University Economics examination.

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