Post Utme Elizade University 2018 Economics Question 36
Practice objective / multiple choice question 36 from the 2018 Post Utme Elizade University Economics examination.
Consider a firm operating in a perfectly competitive market with a given demand curve and cons\tant marginal \cost. If the firm's average revenue (AR) is ₦100, and the marginal revenue (MR) is ₦80, what is the firm's optimal output?
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About This Question
This is Post Utme Elizade University 2018 Economics Question 36. It is one of the objective questions from the 2018 Post Utme Elizade University Economics examination.
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