Post Utme Ui 2020 Economics Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 6 POST_UTME_UI • 2020 • ECONOMICS • objective

A firm operating in a perfectly competitive market is faced with a downward-sloping demand curve. If the firm increases its output, what will happen to its average revenue?

Answer Options

A. Increase
B. Decrease
Correct Answer C. Remain the same
D. Become indeterminate
Correct Answer
C
Correct Option:
Remain the same

About This Question

This is Post Utme Ui 2020 Economics Question 6. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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