Post Utme Crawford University 2023 Economics Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2023 Economics Objective / Multiple Choice
Question 12 POST_UTME_CRAWFORD_UNIVERSITY • 2023 • ECONOMICS • objective

The following table shows the production \costs of a firm in a perfectly competitive market. What is the minimum price at which the firm will produce 100 units of output?

Answer Options

A. ₦100
Correct Answer B. ₦120
C. ₦150
D. ₦180
Correct Answer
B
Correct Option:
₦120

About This Question

This is Post Utme Crawford University 2023 Economics Question 12. It is one of the objective questions from the 2023 Post Utme Crawford University Economics examination.

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