Post Utme Uniport 2019 Economics Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Uniport Economics examination.

Post Utme Uniport 2019 Economics Objective / Multiple Choice
Question 1 POST_UTME_UNIPORT • 2019 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 10q + 20q^2, where q is the quantity sold. If the firm's marginal revenue (MR) is 30q + 40q^2, find the value of q when MR = 0.

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Uniport 2019 Economics Question 1. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.

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