Post Utme Christopher University 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ECONOMICS • objective

A firm is producing a good with a marginal \cost (MC) of ₦100 and a marginal revenue (MR) of ₦150. If the firm is currently producing 100 units of the good, what is the change in the firm's profit?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Christopher University 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Christopher University Economics examination.

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