Post Utme Unilag 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Unilag Economics examination.

Post Utme Unilag 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_UNILAG • 2020 • ECONOMICS • objective

A firm is producing a good with a marginal revenue of ₦50 and a marginal \cost of ₦30. What is the firm's profit-maximizing output?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Unilag 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Unilag Economics examination.

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