Post Utme Pan Atlantic University 2024 Economics Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2024 Economics Objective / Multiple Choice
Question 10 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's revenue function is given by R = 2Q - 3Q^2, where R is the revenue and Q is the output. If the firm increases output from 100 to 121 units, what is the percentage change in revenue?

Answer Options

A. 10%
B. 15%
Correct Answer C. 20%
D. 25%
Correct Answer
C
Correct Option:
20%

About This Question

This is Post Utme Pan Atlantic University 2024 Economics Question 10. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Economics examination.

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