Post Utme Skyline University 2019 Economics Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2019 Economics Objective / Multiple Choice
Question 7 POST_UTME_SKYLINE_UNIVERSITY • 2019 • ECONOMICS • objective

A firm in a perfectly competitive market is producing at the point where its

Answer Options

Correct Answer A. marginal revenue equals marginal \cost
B. average revenue equals average \cost
C. marginal revenue equals average revenue
D. marginal \cost equals average \cost
Correct Answer
A
Correct Option:
marginal revenue equals marginal \cost

About This Question

This is Post Utme Skyline University 2019 Economics Question 7. It is one of the objective questions from the 2019 Post Utme Skyline University Economics examination.

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