Post Utme Unilorin 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNILORIN • 2017 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 50x - 0.5x^2. If the firm produces 20 units of output, what is the total revenue?

Answer Options

Correct Answer A. 900
B. 950
C. 1000
D. 1050
Correct Answer
A
Correct Option:
900

About This Question

This is Post Utme Unilorin 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Unilorin Economics 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