Post Utme Achievers University 2018 Commerce Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 40 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

A firm's revenue is maximized when the marginal revenue equals the marginal cost. This is because

Answer Options

Correct Answer A. The firm is producing at its optimal level of output.
B. The firm is producing at its minimum level of output.
C. The firm is producing at its maximum level of output.
D. The firm is producing at its break-even point.
Correct Answer
A
Correct Option:
The firm is producing at its optimal level of output.

About This Question

This is Post Utme Achievers University 2018 Commerce Question 40. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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