Post Utme Wellspring University 2020 Commerce Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2020 Commerce Objective / Multiple Choice
Question 34 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • COMMERCE • objective

A firm's revenue function is given by R = 2pQ. If the price (p) is 10 units and the quantity sold (Q) is 5 units, what is the total revenue?

Answer Options

A. 50
Correct Answer B. 100
C. 200
D. 500
Correct Answer
B
Correct Option:
100

About This Question

This is Post Utme Wellspring University 2020 Commerce Question 34. It is one of the objective questions from the 2020 Post Utme Wellspring University Commerce examination.

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