Post Utme Bsu 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Bsu Economics examination.

Post Utme Bsu 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_BSU • 2018 • ECONOMICS • objective

A firm's demand curve is downward sloping. What is the implication of this for the firm's marginal revenue curve?

Answer Options

A. The marginal revenue curve is upward sloping.
Correct Answer B. The marginal revenue curve is downward sloping.
C. The marginal revenue curve is horizontal.
D. The marginal revenue curve is vertical.
Correct Answer
B
Correct Option:
The marginal revenue curve is downward sloping.

About This Question

This is Post Utme Bsu 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Bsu Economics examination.

View More Post Utme Bsu 2018 Economics Questions More Post Utme Bsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support