Post Utme Achievers University 2017 Commerce Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2017 Commerce Objective / Multiple Choice
Question 39 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • COMMERCE • objective

In a perfectly competitive market, the supply curve is determined by the marginal cost curve. True or False?

Answer Options

A. True
Correct Answer B. False
C. Supply curve is determined by demand curve
D. Marginal cost curve is irrelevant
Correct Answer
B
Correct Option:
False

About This Question

This is Post Utme Achievers University 2017 Commerce Question 39. It is one of the objective questions from the 2017 Post Utme Achievers University Commerce examination.

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