Post Utme Ims U 2019 Economics Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 31 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

A firm's marginal revenue (MR) and marginal \cost (MC) curves are given by MR = 10x and MC = 5 + 2x, respectively. If the firm is currently producing 10 units, what is the change in the firm's profit?

Answer Options

A. ₦50
Correct Answer B. ₦100
C. ₦150
D. ₦200
Correct Answer
B
Correct Option:
₦100

About This Question

This is Post Utme Ims U 2019 Economics Question 31. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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