Post Utme Joseph Ayo Babalola University 2017 Geography Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Joseph Ayo Babalola University Geography examination.

Post Utme Joseph Ayo Babalola University 2017 Geography Objective / Multiple Choice
Question 7 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • GEOGRAPHY • objective

The diagram below shows the relationship between the number of workers and the output of a firm in a perfectly competitive market. Which of the following is a correct interpretation of the diagram?

Answer Options

A. As the number of workers increases, the output of the firm decreases.
Correct Answer B. As the number of workers increases, the output of the firm increases.
C. The output of the firm is constant regardless of the number of workers.
D. The number of workers has no effect on the output of the firm.
Correct Answer
B
Correct Option:
As the number of workers increases, the output of the firm increases.

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Geography Question 7. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Geography examination.

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