Post Utme Noun 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Noun Economics examination.

Post Utme Noun 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_NOUN • 2025 • ECONOMICS • objective

A firm's total revenue is given by TR = 100Q - 2Q^2, where Q is output. If the firm's output is increased by 20%, what is the percentage change in total revenue?

Answer Options

A. 4%
B. 8%
Correct Answer C. 12%
D. 16%
Correct Answer
C
Correct Option:
12%

About This Question

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

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