Post Utme Lead City University 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's revenue function is given by R = 100P. If the firm's current price is P = 20, what is the total revenue at this price?

Answer Options

A. 1000
Correct Answer B. 2000
C. 3000
D. 4000
Correct Answer
B
Correct Option:
2000

About This Question

This is Post Utme Lead City University 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Lead City University Economics examination.

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