Post Utme Esut 2025 Economics Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Esut Economics examination.

Post Utme Esut 2025 Economics Objective / Multiple Choice
Question 31 POST_UTME_ESUT • 2025 • ECONOMICS • objective

A firm's average total \cost curve intersects its marginal \cost curve at point E, where MC = ATC. If the firm produces 100 units of output, and the price per unit is ₦100, calculate the firm's total revenue.

Answer Options

A. ₦10,000
Correct Answer B. ₦12,000
C. ₦15,000
D. ₦18,000
Correct Answer
B
Correct Option:
₦12,000

About This Question

This is Post Utme Esut 2025 Economics Question 31. It is one of the objective questions from the 2025 Post Utme Esut Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support