Waec 2022 Economics Question 21

Practice objective / multiple choice question 21 from the 2022 Waec Economics examination. This question covers Economics .

Waec 2022 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 21 WAEC • 2022 • ECONOMICS • objective

The sufficient condition for a firm to be in equilibrium is that A. a firm must show that it is profitable; B. marginal cost must be equal to marginal revenue; C. average revenue curve; D. marginal revenue curve from below.

Answer Options

A. a firm must show that it is profitable
Correct Answer B. marginal cost must be equal to marginal revenue
C. average revenue curve
D. marginal revenue curve from below
Correct Answer
B
Correct Option:
marginal cost must be equal to marginal revenue

About This Question

This is Waec 2022 Economics Question 21. It is one of the objective questions from the 2022 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Waec 2022 Economics Questions More Waec Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support