Post Utme Redeemers University 2023 Economics Question 26

Practice objective / multiple choice question 26 from the 2023 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2023 Economics Objective / Multiple Choice
Question 26 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100q - 2q^2, where q is the quantity sold. If the firm's marginal revenue is 120 when q = 10, what is the value of the firm's total revenue when q = 15?

Answer Options

A. ₦2250
Correct Answer B. ₦2750
C. ₦3250
D. ₦3750
Correct Answer
B
Correct Option:
₦2750

About This Question

This is Post Utme Redeemers University 2023 Economics Question 26. It is one of the objective questions from the 2023 Post Utme Redeemers University Economics examination.

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