Post Utme Rsu 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Rsu Economics examination.

Post Utme Rsu 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_RSU • 2017 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 2x^2 + 10x + 5, where x is the quantity of output. If the firm's marginal revenue (MR) is 4x + 5, what is the optimal quantity of output?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Rsu 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.

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