Post Utme Wellspring University 2017 Economics Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2017 Economics Objective / Multiple Choice
Question 1 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's revenue function is given by R(x) = 100x - 2x^2. If the firm's marginal revenue is 50, find the value of x.

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Wellspring University 2017 Economics Question 1. It is one of the objective questions from the 2017 Post Utme Wellspring University Economics examination.

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