Post Utme Bsu 2019 Economics Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice
Question 27 POST_UTME_BSU • 2019 • ECONOMICS • objective

A firm is operating in a perfectly competitive market. If the market price of its product is ₦100 and the firm's marginal \cost is ₦80, what is the firm's 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 Bsu 2019 Economics Question 27. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

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