Post Utme Futo 2020 Economics Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 18 POST_UTME_FUTO • 2020 • ECONOMICS • objective

A perfectly competitive firm's supply curve is given by Q = 10 - 2P. If the price of the good is P = 5, what is the firm's marginal \cost?

Answer Options

A. ₦5
Correct Answer B. ₦10
C. ₦15
D. ₦20
Correct Answer
B
Correct Option:
₦10

About This Question

This is Post Utme Futo 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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