Post Utme Rsu 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Rsu Commerce examination.

Post Utme Rsu 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_RSU • 2020 • COMMERCE • objective

A firm's demand function is given by P = 100 - 2Q. If the firm's marginal revenue function is MR = 200 - 4Q, what is the firm's optimal quantity?

Answer Options

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

About This Question

This is Post Utme Rsu 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Rsu Commerce examination.

View More Post Utme Rsu 2020 Commerce Questions More Post Utme Rsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support