Post Utme Uniben 2018 Economics Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Uniben Economics examination.

Post Utme Uniben 2018 Economics Objective / Multiple Choice
Question 19 POST_UTME_UNIBEN • 2018 • ECONOMICS • objective

A firm operates in a perfectly competitive market. If the market price is ₦50 and the firm's marginal revenue is ₦60, 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 Uniben 2018 Economics Question 19. It is one of the objective questions from the 2018 Post Utme Uniben Economics examination.

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