Post Utme Osustech 2024 Economics Question 6
Practice objective / multiple choice question 6 from the 2024 Post Utme Osustech Economics examination.
A firm's total revenue is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm's average revenue is ₦200, what is the price elasticity of demand?
Answer Options
About This Question
This is Post Utme Osustech 2024 Economics Question 6. It is one of the objective questions from the 2024 Post Utme Osustech Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.