Post Utme Summit University 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Summit University Commerce examination.

Post Utme Summit University 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_SUMMIT_UNIVERSITY • 2025 • COMMERCE • objective

A firm's revenue function is given by R = 100Q - 2Q^2, where R is revenue and Q is quantity sold. If the quantity sold increases by 20%, what is the new revenue?

Answer Options

A. 1800
B. 2000
Correct Answer C. 2200
D. 2400
Correct Answer
C
Correct Option:
2200

About This Question

This is Post Utme Summit University 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Summit University Commerce examination.

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