Post Utme Unilag 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Unilag Economics examination.

Post Utme Unilag 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNILAG • 2021 • ECONOMICS • objective

A firm has a revenue function given by R = 100Q - 2Q^2. If the firm produces 20 units of output, what is the total revenue?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1500
D. 1800
Correct Answer
C
Correct Option:
1500

About This Question

This is Post Utme Unilag 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Unilag Economics examination.

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