Post Utme Noun 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Noun Economics examination.

Post Utme Noun 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_NOUN • 2018 • ECONOMICS • objective

The following table shows the production \costs of a firm in a perfectly competitive market. What is the firm's profit-maximizing output?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Noun 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support