Post Utme Summit University 2018 Economics Question 22
Practice objective / multiple choice question 22 from the 2018 Post Utme Summit University Economics examination.
A firm is producing a good with a total revenue of ₦100,000 and a total \cost of ₦80,000. If the firm's marginal revenue is ₦5,000 and its marginal \cost is ₦3,000, should the firm produce more or less of the good?
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About This Question
This is Post Utme Summit University 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Summit University Economics examination.
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