Post Utme Pan Atlantic University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ECONOMICS • objective

A monopoly firm's demand function is given by P = 100 - 2Q. If the firm's current output level is Q = 20, calculate the firm's revenue.

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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