Post Utme Redeemers University 2020 Commerce Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2020 Commerce Objective / Multiple Choice
Question 14 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • COMMERCE • objective

A firm's revenue function is given by R = 2Q^2. If the firm's current output is Q = 4, what is the firm's current revenue?

Answer Options

A. 16
B. 32
Correct Answer C. 64
D. 128
Correct Answer
C
Correct Option:
64

About This Question

This is Post Utme Redeemers University 2020 Commerce Question 14. It is one of the objective questions from the 2020 Post Utme Redeemers University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support