Post Utme Joseph Ayo Babalola University 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

A firm is producing a product with a marginal \cost of ₦10 per unit and a marginal revenue of ₦20 per unit. If the firm is currently producing 100 units, what is the profit-maximizing quantity?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Economics examination.

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