Post Utme Unn 2020 Commerce Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Unn Commerce examination.

Post Utme Unn 2020 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNN • 2020 • COMMERCE • objective

A firm's revenue function is given by R = 2Q^2, where R is revenue and Q is output. If the firm increases output from 3 units to 5 units, what is the percentage change in revenue?

Answer Options

A. 50%
Correct Answer B. 60%
C. 70%
D. 80%
Correct Answer
B
Correct Option:
60%

About This Question

This is Post Utme Unn 2020 Commerce Question 28. It is one of the objective questions from the 2020 Post Utme Unn Commerce examination.

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