Post Utme Afe Babalola University 2020 Economics Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2020 Economics Objective / Multiple Choice
Question 12 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's supply curve is given by the equation Q = 2 + 3P, where Q is the quantity supplied and P is the price. What is the firm's marginal \cost (MC) when the price is ₦100?

Answer Options

A. ₦300
B. ₦200
Correct Answer C. ₦150
D. ₦250
Correct Answer
C
Correct Option:
₦150

About This Question

This is Post Utme Afe Babalola University 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Economics examination.

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