Post Utme Lead City University 2019 Commerce Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 23 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A firm's revenue function is given by R(x) = 100x - 2x^2. If the firm produces 20 units of output, what is the marginal revenue?

Answer Options

Correct Answer A. 1,600
B. 1,800
C. 2,000
D. 2,200
Correct Answer
A
Correct Option:
1,600

About This Question

This is Post Utme Lead City University 2019 Commerce Question 23. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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