Post Utme Oau 2024 Economics Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Oau Economics examination.

Post Utme Oau 2024 Economics Objective / Multiple Choice
Question 15 POST_UTME_OAU • 2024 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is revenue and Q is output. If the firm produces 50 units of output, what is its revenue?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1400
D. 1600
Correct Answer
C
Correct Option:
1400

About This Question

This is Post Utme Oau 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Oau Economics examination.

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