Post Utme Elizade University 2019 Economics Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2019 Economics Objective / Multiple Choice
Question 27 POST_UTME_ELIZADE_UNIVERSITY • 2019 • ECONOMICS • objective

A firm is producing a good with a marginal revenue of ₦100 and a marginal \cost of ₦120. What is the profit-maximizing quantity?

Answer Options

A. 100 units
B. 120 units
Correct Answer C. 80 units
D. 90 units
Correct Answer
C
Correct Option:
80 units

About This Question

This is Post Utme Elizade University 2019 Economics Question 27. It is one of the objective questions from the 2019 Post Utme Elizade University Economics examination.

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