Post Utme Unilag 2024 Economics Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Unilag Economics examination.

Post Utme Unilag 2024 Economics Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2024 • ECONOMICS • objective

A firm is operating under a perfectly competitive market structure. If the market price is ₦200 and the firm's marginal \cost is ₦150, what is the firm's profit-maximizing output?

Answer Options

Correct Answer A. 100 units
B. 200 units
C. 300 units
D. 400 units
Correct Answer
A
Correct Option:
100 units

About This Question

This is Post Utme Unilag 2024 Economics Question 12. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.

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