Post Utme Uniben 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Uniben Commerce examination.

Post Utme Uniben 2021 Commerce Objective / Multiple Choice
Question 1 POST_UTME_UNIBEN • 2021 • COMMERCE • objective

In a perfectly competitive market, the demand curve for a firm's product is its

Answer Options

A. marginal cost curve
Correct Answer B. marginal revenue curve
C. average revenue curve
D. average cost curve
Correct Answer
B
Correct Option:
marginal revenue curve

About This Question

This is Post Utme Uniben 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.

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