Post Utme Uniosun 2019 Commerce Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2019 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNIOSUN • 2019 • COMMERCE • objective

A firm has a marginal revenue function MR = 100 - 2Q, where Q is the quantity sold. If the firm wants to maximize its revenue, what is the optimal quantity to produce?

Answer Options

A. 20 units
Correct Answer B. 25 units
C. 30 units
D. 35 units
Correct Answer
B
Correct Option:
25 units

About This Question

This is Post Utme Uniosun 2019 Commerce Question 40. It is one of the objective questions from the 2019 Post Utme Uniosun Commerce examination.

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