Post Utme Uniosun 2025 Economics Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 6 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

Consider a firm operating in a perfectly competitive market. If the firm's marginal revenue (MR) curve intersects its marginal \cost (MC) curve at point E, where MR = MC, and the firm is producing 100 units of output, what is the opportunity \cost of producing one more unit of output?

Answer Options

A. The opportunity \cost is the price of the 101st unit.
Correct Answer B. The opportunity \cost is the price of the 100th unit.
C. The opportunity \cost is the price of the 99th unit.
D. The opportunity \cost is the price of the 98th unit.
Correct Answer
B
Correct Option:
The opportunity \cost is the price of the 100th unit.

About This Question

This is Post Utme Uniosun 2025 Economics Question 6. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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