Post Utme Bsu 2020 Commerce Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Bsu Commerce examination.

Post Utme Bsu 2020 Commerce Objective / Multiple Choice
Question 1 POST_UTME_BSU • 2020 • COMMERCE • objective

In a perfectly competitive market, what is the relationship between the marginal revenue (MR) and marginal cost (MC) curves?

Answer Options

A. MR > MC
B. MR < MC
Correct Answer C. MR = MC
D. MR ≠ MC
Correct Answer
C
Correct Option:
MR = MC

About This Question

This is Post Utme Bsu 2020 Commerce Question 1. It is one of the objective questions from the 2020 Post Utme Bsu Commerce examination.

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