Post Utme Ui 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Ui Commerce examination.

Post Utme Ui 2021 Commerce Objective / Multiple Choice
Question 4 POST_UTME_UI • 2021 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's revenue is ₦5000, and the price of the good is ₦50, what is the firm's marginal revenue?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Ui 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Ui Commerce examination.

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