Post Utme Unilorin 2023 Economics Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2023 Economics Objective / Multiple Choice
Question 36 POST_UTME_UNILORIN • 2023 • ECONOMICS • objective

A firm operates under cons\tant returns to scale. If it increases its output by 10%, what will be the percentage change in its total \cost?

Answer Options

Correct Answer A. 0%
B. 5%
C. 10%
D. 15%
Correct Answer
A
Correct Option:
0%

About This Question

This is Post Utme Unilorin 2023 Economics Question 36. It is one of the objective questions from the 2023 Post Utme Unilorin Economics examination.

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