Post Utme Uniben 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Uniben Commerce examination.

Post Utme Uniben 2021 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNIBEN • 2021 • COMMERCE • objective

A firm's revenue is maximized when the price elasticity of demand is

Answer Options

Correct Answer A. unit elastic
B. elastic
C. inelastic
D. perfectly inelastic
Correct Answer
A
Correct Option:
unit elastic

About This Question

This is Post Utme Uniben 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.

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