Post Utme Uniosun 2022 Economics Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2022 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNIOSUN • 2022 • ECONOMICS • objective

A firm operating in a perfectly competitive market is considering an increase in production. If the firm's average \cost curve shifts to the right, what will happen to its profit-maximizing output level?

Answer Options

A. The firm will increase its profit-maximizing output level.
B. The firm will decrease its profit-maximizing output level.
Correct Answer C. The firm's profit-maximizing output level will remain unchanged.
D. The firm will shut down immediately.
Correct Answer
C
Correct Option:
The firm's profit-maximizing output level will remain unchanged.

About This Question

This is Post Utme Uniosun 2022 Economics Question 21. It is one of the objective questions from the 2022 Post Utme Uniosun Economics examination.

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