Post Utme Ui 2018 Commerce Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Ui Commerce examination.

Post Utme Ui 2018 Commerce Objective / Multiple Choice
Question 17 POST_UTME_UI • 2018 • COMMERCE • objective

A firm specializes in producing only one product. If the marginal cost of producing the product is ₦50 and the marginal revenue is ₦60, what is the profit-maximizing quantity?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Ui 2018 Commerce Question 17. It is one of the objective questions from the 2018 Post Utme Ui Commerce examination.

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