Post Utme Achievers University 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ECONOMICS • objective

In a perfectly competitive market, the demand curve for a firm's product is perfectly elastic. If the market price of the product is ₦100, and the firm's marginal revenue (MR) is ₦50, what is the firm's marginal \cost (MC)?

Answer Options

A. ₦25
Correct Answer B. ₦50
C. ₦75
D. ₦100
Correct Answer
B
Correct Option:
₦50

About This Question

This is Post Utme Achievers University 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Achievers University Economics examination.

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