Post Utme Rhema University 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_RHEMA_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's total revenue is given by the equation TR = 100q - 2q^2. If the firm's marginal revenue is 50, what is the value of q?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Rhema University 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Rhema University Economics examination.

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