Post Utme Futo 2018 Commerce Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Futo Commerce examination.

Post Utme Futo 2018 Commerce Objective / Multiple Choice
Question 22 POST_UTME_FUTO • 2018 • COMMERCE • objective

A firm's revenue is maximized when the marginal revenue equals the marginal cost. What is the marginal cost?

Answer Options

A. MC = MR
B. MC > MR
Correct Answer C. MC < MR
D. MC = 0
Correct Answer
C
Correct Option:
MC < MR

About This Question

This is Post Utme Futo 2018 Commerce Question 22. It is one of the objective questions from the 2018 Post Utme Futo Commerce examination.

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