Post Utme Unilorin 2021 Economics Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2021 Economics Objective / Multiple Choice
Question 11 POST_UTME_UNILORIN • 2021 • ECONOMICS • objective

A perfectly competitive firm's supply curve is a rec\tangular hyperbola. What is the slope of the supply curve?

Answer Options

A. 1/P
Correct Answer B. -1/P
C. P
D. -P
Correct Answer
B
Correct Option:
-1/P

About This Question

This is Post Utme Unilorin 2021 Economics Question 11. It is one of the objective questions from the 2021 Post Utme Unilorin Economics examination.

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