Post Utme Uniben 2024 Commerce Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Uniben Commerce examination.

Post Utme Uniben 2024 Commerce Objective / Multiple Choice
Question 24 POST_UTME_UNIBEN • 2024 • COMMERCE • objective

A firm's revenue function is given by R = 2Q^2. If the firm is currently producing 4 units of output, what is the marginal revenue?

Answer Options

A. 8
Correct Answer B. 16
C. 32
D. 64
Correct Answer
B
Correct Option:
16

About This Question

This is Post Utme Uniben 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Uniben Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support