Post Utme Al Hikmah University 2020 Geography Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Al Hikmah University Geography examination.

Post Utme Al Hikmah University 2020 Geography Objective / Multiple Choice
Question 21 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • GEOGRAPHY • objective

In a perfectly competitive market, the supply curve is determined by the marginal cost (MC) curve. If the MC curve shifts to the right, what will happen to the supply curve?

Answer Options

A. The supply curve will shift to the left.
Correct Answer B. The supply curve will shift to the right.
C. The supply curve will remain unchanged.
D. The supply curve will shift downwards.
Correct Answer
B
Correct Option:
The supply curve will shift to the right.

About This Question

This is Post Utme Al Hikmah University 2020 Geography Question 21. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Geography examination.

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