Post Utme Oau 2018 Commerce Question 25
Practice objective / multiple choice question 25 from the 2018 Post Utme Oau Commerce examination.
A firm's revenue function is given by R = 2pQ, where R is revenue, p is price, and Q is quantity sold. If price increases by 10% and quantity sold remains constant, what is the percentage change in revenue?
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About This Question
This is Post Utme Oau 2018 Commerce Question 25. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.
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