Post Utme Achievers University 2019 Economics Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2019 Economics Objective / Multiple Choice
Question 11 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ECONOMICS • objective

The following diagram shows a perfectly competitive market with two firms, A and B. If firm A increases its price from ₦100 to ₦120, what will be the effect on firm B's output?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Achievers University 2019 Economics Question 11. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.

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