Waec 2023 Economics Question 19

Practice objective / multiple choice question 19 from the 2023 Waec Economics examination. This question covers Economics .

Waec 2023 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 19 WAEC • 2023 • ECONOMICS • objective

If a firm retrenches some of its factory workers its

Answer Options

Correct Answer A. fixed cost is likely to increase.
B. marginal cost may increase.
Correct Answer
A
Correct Option:
fixed cost is likely to increase.

About This Question

This is Waec 2023 Economics Question 19. It is one of the objective questions from the 2023 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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