Waec 2023 Economics Question 21

Practice objective / multiple choice question 21 from the 2023 Waec Economics examination. This question covers Economics .

Waec 2023 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 21 WAEC • 2023 • ECONOMICS • objective

The average revenue curve of a firm:

Answer Options

Correct Answer A. is the same as the demand curve of the firm.
B. decreases as output increases.
C. is not related to the price elasticity of demand.
D. can be upward sloping.
Correct Answer
A
Correct Option:
is the same as the demand curve of the firm.

About This Question

This is Waec 2023 Economics Question 21. It is one of the objective questions from the 2023 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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