Post Utme Rhema University 2020 Economics Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2020 Economics Objective / Multiple Choice
Question 25 POST_UTME_RHEMA_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is the revenue and Q is the quantity sold. If the quantity sold is 10 units, what is the revenue?

Answer Options

A. $800
B. $900
Correct Answer C. $1000
D. $1100
Correct Answer
C
Correct Option:
$1000

About This Question

This is Post Utme Rhema University 2020 Economics Question 25. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.

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