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

question 2

Multiple Choice

A firm's total revenue function is given by R = 100 + 100Q - 2Q². At Q = 10, which of the following is true?

• A) The firm's marginal revenue is $80.
• B) The firm's marginal revenue is constant.
• C) The firm's average revenue is $50.
• D) The firm's total revenue is $500.
• E) The firm's marginal revenue is $60.