Post Utme Esut 2019 Economics Question 34
Practice objective / multiple choice question 34 from the 2019 Post Utme Esut Economics examination.
A firm is producing a good with a total revenue (TR) of ₦1,500 and a total \cost (TC) of ₦1,200. If the firm's average revenue (AR) is ₦150, what is its average \cost (AC)?
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About This Question
This is Post Utme Esut 2019 Economics Question 34. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.
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