Post Utme Eksu 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Eksu Economics examination.

Post Utme Eksu 2021 Economics Objective / Multiple Choice
Question 2 POST_UTME_EKSU • 2021 • ECONOMICS • objective

A firm's average total \cost (ATC) curve is downward sloping in the short run because of?

Answer Options

A. Economies of scale
Correct Answer B. Diminishing marginal returns
C. Fixed \costs
D. Variable \costs
Correct Answer
B
Correct Option:
Diminishing marginal returns

About This Question

This is Post Utme Eksu 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Eksu Economics examination.

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