Post Utme Summit University 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Summit University Commerce examination.

Post Utme Summit University 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_SUMMIT_UNIVERSITY • 2017 • COMMERCE • objective

A firm's revenue function is given by R = 100x - 2x^2. If the firm's current price is ₦50 per unit, what is the maximum revenue it can earn?

Answer Options

A. ₦2500
Correct Answer B. ₦3000
C. ₦3500
D. ₦4000
Correct Answer
B
Correct Option:
₦3000

About This Question

This is Post Utme Summit University 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Summit University Commerce examination.

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