Post Utme Pan Atlantic University 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2022 Commerce Objective / Multiple Choice
Question 4 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • COMMERCE • objective

A company's revenue function is given by (R = 2PQ), where (P) is price and (Q) is quantity. If the company sells 100 units of output at a price of 10, what is the total revenue?

Answer Options

A. (R = 100)
Correct Answer B. (R = 200)
C. (R = 300)
D. (R = 400)
Correct Answer
B
Correct Option:
(R = 200)

About This Question

This is Post Utme Pan Atlantic University 2022 Commerce Question 4. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Commerce examination.

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