Post Utme Noun 2023 Commerce Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Noun Commerce examination.

Post Utme Noun 2023 Commerce Objective / Multiple Choice
Question 11 POST_UTME_NOUN • 2023 • COMMERCE • objective

In a perfectly competitive market, the supply curve is determined by the marginal cost (MC) curve. If the MC curve shifts to the right, what will happen to the supply curve?

Answer Options

A. It will shift to the left
B. It will remain unchanged
Correct Answer C. It will shift to the right
D. It will shift downwards
Correct Answer
C
Correct Option:
It will shift to the right

About This Question

This is Post Utme Noun 2023 Commerce Question 11. It is one of the objective questions from the 2023 Post Utme Noun Commerce examination.

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