Post Utme Uniben 2018 Commerce Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Uniben Commerce examination.

Post Utme Uniben 2018 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNIBEN • 2018 • COMMERCE • objective

In a perfectly competitive market, the supply curve is determined by the marginal cost (MC) curve. If the MC curve shifts to the right, what will happen to the supply curve?

Answer Options

A. It will shift to the left
Correct Answer B. It will shift to the right
C. It will remain unchanged
D. It will shift downward
Correct Answer
B
Correct Option:
It will shift to the right

About This Question

This is Post Utme Uniben 2018 Commerce Question 21. It is one of the objective questions from the 2018 Post Utme Uniben Commerce examination.

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