Post Utme Rsu 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Rsu Commerce examination.

Post Utme Rsu 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_RSU • 2023 • COMMERCE • objective

A firm is considering expanding its production capacity. If the marginal cost of production is greater than the marginal revenue, what is the likely outcome for the firm's profit?

Answer Options

A. The firm's profit will increase.
Correct Answer B. The firm's profit will decrease.
C. The firm's profit will remain unchanged.
D. The firm's profit will be unaffected by the expansion.
Correct Answer
B
Correct Option:
The firm's profit will decrease.

About This Question

This is Post Utme Rsu 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Rsu Commerce examination.

View More Post Utme Rsu 2023 Commerce Questions More Post Utme Rsu Practice Questions Back to Questions

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