Post Utme Delsu 2021 Economics Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Delsu Economics examination.

Post Utme Delsu 2021 Economics Objective / Multiple Choice
Question 11 POST_UTME_DELSU • 2021 • ECONOMICS • objective

A firm is operating in a perfectly competitive market with a cons\tant marginal \cost (MC) of ₦10 and a downward-sloping demand curve. If the firm's marginal revenue (MR) is ₦20, what is the optimal quantity of output to produce?

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 Delsu 2021 Economics Question 11. It is one of the objective questions from the 2021 Post Utme Delsu Economics examination.

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