Post Utme Uniosun 2022 Commerce Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2022 Commerce Objective / Multiple Choice
Question 2 POST_UTME_UNIOSUN • 2022 • COMMERCE • objective

A firm's revenue function is given by R(x) = 100x - 2x^2. If the firm's marginal revenue function is MR(x) = 100 - 4x, find the value of x that maximizes revenue.

Answer Options

A. 50
B. 75
Correct Answer C. 100
D. 125
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Uniosun 2022 Commerce Question 2. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.

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