Post Utme Mountain Top University 2020 Commerce Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2020 Commerce Objective / Multiple Choice
Question 34 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • COMMERCE • objective

A company's revenue function is given by R = 100P^2, where R is the revenue and P is the price. If the company increases its price from ₦10 to ₦15, by how much will its revenue increase?

Answer Options

A. ₦100
B. ₦200
Correct Answer C. ₦300
D. ₦400
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Mountain Top University 2020 Commerce Question 34. It is one of the objective questions from the 2020 Post Utme Mountain Top University Commerce examination.

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