A Firm's Total Revenue Function Is Given by R =

question 30

Multiple Choice

A firm's total revenue function is given by R = 100 + 10Q + 2Q2,where R = revenue and Q = quantity.Which of the following is true if Q = 10?

• A)The firm's total revenue is $400 and the marginal revenue is $10.
• B)The firm's marginal revenue is constant at $40.
• C)The average revenue of the firm is $50.
• D)The total revenue of the firm is $500.
• E)The marginal revenue of the firm is $50.

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Definitions:

1,2-dichloroethene

An organic compound with the formula C2H2Cl2, existing as two geometric isomers: cis and trans, used as a solvent and in the manufacture of other chemicals.

Isomeric Form

Refers to molecules that have the same molecular formula but differ in the arrangement of atoms or orientation in space, leading to different physical and chemical properties.

Dipole Moment

A measure of the separation of positive and negative charges in a system, indicating the polarity of a chemical bond or molecule.

Intermolecular Attractions

Forces which cause attraction between molecules, influencing the physical properties of substances; includes hydrogen bonds and van der Waals forces.