Post Utme Madonna University 2024 Economics Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2024 Economics Objective / Multiple Choice
Question 18 POST_UTME_MADONNA_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100Q - 2Q^2, where Q is the quantity sold. If the firm sells 20 units, what is the total revenue?

Answer Options

A. ₦1,800
B. ₦2,000
Correct Answer C. ₦2,200
D. ₦2,400
Correct Answer
C
Correct Option:
₦2,200

About This Question

This is Post Utme Madonna University 2024 Economics Question 18. It is one of the objective questions from the 2024 Post Utme Madonna University Economics examination.

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