Post Utme Al Hikmah University 2023 Economics Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2023 Economics Objective / Multiple Choice
Question 39 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is producing a good with a marginal \cost of ₦50 and a marginal revenue of ₦60. What is the profit-maximizing quantity?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Al Hikmah University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Economics examination.

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