Post Utme Summit University 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Summit University Economics examination.

Post Utme Summit University 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue (MR) is 80, find the value of x.

Answer Options

A. 10
B. 20
Correct Answer C. 30
D. 40
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Summit University 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.

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