Post Utme Rsu 2021 Economics Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Rsu Economics examination.

Post Utme Rsu 2021 Economics Objective / Multiple Choice
Question 36 POST_UTME_RSU • 2021 • ECONOMICS • objective

A firm's total revenue function is given by TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue function is MR = 100 - 4x, find the value of x at which the firm's total revenue is maximized.

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 2021 Economics Question 36. It is one of the objective questions from the 2021 Post Utme Rsu Economics examination.

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