Post Utme Ui 2019 Economics Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Ui Economics examination.

Post Utme Ui 2019 Economics Objective / Multiple Choice
Question 13 POST_UTME_UI • 2019 • ECONOMICS • objective

A firm is operating in a perfectly competitive market. If the market price of its product is $10, and the firm's marginal \cost is $8, what is the firm's profit-maximizing quantity?

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 300 units
D. 400 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Ui 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Ui Economics examination.

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