Post Utme Babcock University 2022 Economics Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 1 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is operating on a long-run average \cost curve. If it increases its output from 100 units to 200 units, what happens to its average \cost per unit?

Answer Options

A. Increases
Correct Answer B. Decreases
C. Remains the same
D. First increases then decreases
Correct Answer
B
Correct Option:
Decreases

About This Question

This is Post Utme Babcock University 2022 Economics Question 1. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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