Post Utme Ui 2017 Economics Question 44

Practice objective / multiple choice question 44 from the 2017 Post Utme Ui Economics examination.

Post Utme Ui 2017 Economics Objective / Multiple Choice
Question 44 POST_UTME_UI • 2017 • ECONOMICS • objective

A firm's marginal revenue (MR) is $100, and its marginal \cost (MC) is $80. What will happen to the firm's profit if it produces one more unit?

Answer Options

Correct Answer A. The profit will increase.
B. The profit will decrease.
C. The profit will remain the same.
D. The profit will fluctuate.
Correct Answer
A
Correct Option:
The profit will increase.

About This Question

This is Post Utme Ui 2017 Economics Question 44. It is one of the objective questions from the 2017 Post Utme Ui Economics examination.

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