Post Utme Noun 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Noun Economics examination.

Post Utme Noun 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_NOUN • 2018 • ECONOMICS • objective

A firm's total revenue is given by the equation \( TR = 20q - 0.5q^2 \), where ( q ) is the quantity sold. Find the quantity that maximizes revenue.

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Noun 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.

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