Post Utme Christopher University 2024 Economics Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2024 Economics Objective / Multiple Choice
Question 16 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's average \cost curve intersects its marginal \cost curve at point E, where the average \cost is ₦120. If the firm's total fixed \cost is ₦10,000 and its marginal \cost is ₦50 at point E, calculate the firm's total output at point E.

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 300 units
D. 400 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Christopher University 2024 Economics Question 16. It is one of the objective questions from the 2024 Post Utme Christopher University Economics examination.

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