Post Utme Uniben 2023 Economics Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Uniben Economics examination.

Post Utme Uniben 2023 Economics Objective / Multiple Choice
Question 36 POST_UTME_UNIBEN • 2023 • ECONOMICS • objective

A firm has a revenue function given by R = 2Q - 3P, where R is the total revenue, Q is the quantity sold, and P is the price. If the quantity sold is 10 units and the price is ₦20, what is the total revenue?

Answer Options

A. ₦100
B. ₦120
Correct Answer C. ₦140
D. ₦160
Correct Answer
C
Correct Option:
₦140

About This Question

This is Post Utme Uniben 2023 Economics Question 36. It is one of the objective questions from the 2023 Post Utme Uniben Economics examination.

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