Post Utme Unilorin 2020 Economics Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 36 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A firm's revenue function is given by R = 100P, where R is revenue and P is price. If the firm's current price is 10, what is the 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 Unilorin 2020 Economics Question 36. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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