Post Utme Oau 2018 Economics Question 13

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

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_OAU • 2018 • ECONOMICS • objective

A firm is producing a product with a total revenue (TR) of ₦1000 and a total \cost (TC) of ₦800. If the firm's profit-maximizing output is 100 units, what is the firm's average \cost (AC) per unit?

Answer Options

A. ₦8
Correct Answer B. ₦10
C. ₦12
D. ₦15
Correct Answer
B
Correct Option:
₦10

About This Question

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

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