Post Utme Uniosun 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_UNIOSUN • 2018 • ECONOMICS • objective

A firm's revenue function is given by \( R = 100P - 2P^2 \). If the firm's output is 20 units, what is the price at which it will sell?

Answer Options

A. ₦10
Correct Answer B. ₦20
C. ₦30
D. ₦40
Correct Answer
B
Correct Option:
₦20

About This Question

This is Post Utme Uniosun 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Uniosun Economics examination.

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