Post Utme Rhema University 2022 Economics Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2022 Economics Objective / Multiple Choice
Question 11 POST_UTME_RHEMA_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's revenue function is given by ( R(x) = 100x - 2x^2 ), where ( x ) is the number of units produced. If the firm's marginal revenue is ( MR(x) = 100 - 4x ), find the value of ( x ) at which the marginal revenue is zero.

Answer Options

A. 25
Correct Answer B. 50
C. 75
D. 100
Correct Answer
B
Correct Option:
50

About This Question

This is Post Utme Rhema University 2022 Economics Question 11. It is one of the objective questions from the 2022 Post Utme Rhema University Economics examination.

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