Post Utme Unilag 2017 Economics Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 37 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A firm is operating under a perfectly competitive market structure. If the firm's marginal revenue is 100 and the price of the product is 120, what is the firm's marginal \cost?

Answer Options

A. 80
B. 90
Correct Answer C. 100
D. 110
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Unilag 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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