Post Utme Rhema University 2024 Economics Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2024 Economics Objective / Multiple Choice
Question 31 POST_UTME_RHEMA_UNIVERSITY • 2024 • 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 80 when q = 10, what is the value of the firm's total revenue?

Answer Options

A. 1000
Correct Answer B. 1200
C. 1500
D. 1800
Correct Answer
B
Correct Option:
1200

About This Question

This is Post Utme Rhema University 2024 Economics Question 31. It is one of the objective questions from the 2024 Post Utme Rhema University Economics examination.

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