Post Utme Redeemers University 2023 Economics Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2023 Economics Objective / Multiple Choice
Question 40 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is producing a good with a cons\tant marginal \cost (MC) of ₦100 and a cons\tant marginal revenue (MR) of ₦150. If the firm is currently producing 100 units, what is the optimal quantity to produce?

Answer Options

A. 50 units
B. 100 units
Correct Answer C. 150 units
D. 200 units
Correct Answer
C
Correct Option:
150 units

About This Question

This is Post Utme Redeemers University 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Redeemers University Economics examination.

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