Post Utme Veritas University 2020 Economics Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2020 Economics Objective / Multiple Choice
Question 31 POST_UTME_VERITAS_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100x - 2x^2, where x is the number of units sold. If the firm's marginal revenue (MR) is 100 - 4x, what is the value of x at which MR = 0?

Answer Options

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

About This Question

This is Post Utme Veritas University 2020 Economics Question 31. It is one of the objective questions from the 2020 Post Utme Veritas University Economics examination.

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