Post Utme Skyline University 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2022 Economics Objective / Multiple Choice
Question 36 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ECONOMICS • objective

A firm operating in a perfectly competitive market is faced with a short-run production function given by Q = 100 - 2P. If the firm's average revenue (AR) is ₦200, what is the firm's marginal revenue (MR)?

Answer Options

Correct Answer A. ₦400
B. ₦200
C. ₦100
D. ₦50
Correct Answer
A
Correct Option:
₦400

About This Question

This is Post Utme Skyline University 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Skyline University Economics examination.

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