Post Utme Elizade University 2023 Economics Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2023 Economics Objective / Multiple Choice
Question 25 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦1000 and a total \cost of ₦800. If the firm's profit-maximizing output is 100 units, what is the firm's marginal revenue?

Answer Options

A. ₦10
Correct Answer B. ₦20
C. ₦30
D. ₦40
Correct Answer
B
Correct Option:
₦20

About This Question

This is Post Utme Elizade University 2023 Economics Question 25. It is one of the objective questions from the 2023 Post Utme Elizade University Economics examination.

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