Post Utme Elizade University 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is experiencing increa\sing returns to scale in its production process. If the firm's output increases from 100 units to 200 units, what is the percentage change in its total output?

Answer Options

A. 25%
Correct Answer B. 50%
C. 75%
D. 100%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Elizade University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Elizade University Economics examination.

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