Post Utme Unilag 2017 Economics Question 26

Practice objective / multiple choice question 26 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 26 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A firm operating in a perfectly competitive market is producing at its profit-maximizing level of output. If the firm's average total \cost (ATC) curve shifts to the right, what will happen to the firm's profit?

Answer Options

A. Profit will increase
Correct Answer B. Profit will decrease
C. Profit will remain the same
D. The firm will shut down
Correct Answer
B
Correct Option:
Profit will decrease

About This Question

This is Post Utme Unilag 2017 Economics Question 26. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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