Post Utme Mountain Top University 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

A firm produces a product with a demand curve given by Q = 100 - 2P and a \cost function C = 2Q^2 + 10Q. What is the firm's revenue function?

Answer Options

Correct Answer A. R = 50P
B. R = 75P
C. R = 100P
D. R = 125P
Correct Answer
A
Correct Option:
R = 50P

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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