Post Utme Noun 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_NOUN • 2018 • COMMERCE • objective

A firm's revenue function is given by the equation R(q) = 20q - 2q^2. What is the firm's marginal revenue when it produces 4 units of output?

Answer Options

A. ₦60
B. ₦80
Correct Answer C. ₦100
D. ₦120
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Noun 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

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