Post Utme Uniport 2021 Economics Question 38
Practice objective / multiple choice question 38 from the 2021 Post Utme Uniport Economics examination.
A firm is producing a good with a total revenue of ₦4,000 and a total \cost of ₦3,200. If the firm's average revenue is ₦400, what is the price elasticity of demand for the good?
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About This Question
This is Post Utme Uniport 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Uniport Economics examination.
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