Post Utme Pan Atlantic University 2019 Economics Question 36
Practice objective / multiple choice question 36 from the 2019 Post Utme Pan Atlantic University Economics examination.
Consider a perfectly competitive market with 5 firms, each producing 100 units of a homogeneous good. If the market price is ₦100 per unit, and the firms' marginal \cost is ₦80 per unit, what is the total revenue of the market?
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About This Question
This is Post Utme Pan Atlantic University 2019 Economics Question 36. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Economics examination.
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