Post Utme Skyline University 2017 Economics Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2017 Economics Objective / Multiple Choice
Question 6 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ECONOMICS • objective

Consider a firm operating in a perfectly competitive market. If the firm's average \cost curve intersects the demand curve at a point where the quantity supplied is 100 units, and the price is ₦100, what is the firm's profit-maximizing output?

Answer Options

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

About This Question

This is Post Utme Skyline University 2017 Economics Question 6. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.

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