Post Utme Madonna University 2022 Economics Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2022 Economics Objective / Multiple Choice
Question 12 POST_UTME_MADONNA_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is producing a good with a marginal \cost of ₦10 and a marginal revenue of ₦15. What is the profit-maximizing level of output?

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 300 units
D. 400 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Madonna University 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Madonna University Economics examination.

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