Post Utme Uniosun 2024 Economics Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100q - 2q^2, where q is the quantity sold. If the firm sells 20 units, what is its total revenue?

Answer Options

A. 1000
Correct Answer B. 1200
C. 1400
D. 1600
Correct Answer
B
Correct Option:
1200

About This Question

This is Post Utme Uniosun 2024 Economics Question 21. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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