Post Utme Afe Babalola University 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is producing a good with a marginal \cost of ₦50 and a marginal revenue of ₦60. If the firm is producing 100 units, what is the profit-maximizing quantity?

Answer Options

A. 50 units
B. 75 units
Correct Answer C. 100 units
D. 125 units
Correct Answer
C
Correct Option:
100 units

About This Question

This is Post Utme Afe Babalola University 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Economics examination.

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