Post Utme Uniport 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Uniport Economics examination.

Post Utme Uniport 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_UNIPORT • 2023 • ECONOMICS • objective

A firm is producing a good with the following revenue function: R(q) = 20q - 0.5q^2. The firm is currently producing 10 units of the good. What is the total revenue of producing 20 units of the good?

Answer Options

A. 300
Correct Answer B. 400
C. 500
D. 600
Correct Answer
B
Correct Option:
400

About This Question

This is Post Utme Uniport 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Uniport Economics examination.

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