Post Utme Rsu 2024 Economics Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice
Question 2 POST_UTME_RSU • 2024 • ECONOMICS • objective

A firm is producing a good with a total revenue of TR = 1000 + 20Q - Q^2, where Q is the quantity produced. If the firm's marginal revenue is 10, what is the value of the total revenue?

Answer Options

A. 1200
B. 1500
Correct Answer C. 1800
D. 2000
Correct Answer
C
Correct Option:
1800

About This Question

This is Post Utme Rsu 2024 Economics Question 2. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.

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