Post Utme Uniport 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Uniport Economics examination.

Post Utme Uniport 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_UNIPORT • 2025 • ECONOMICS • objective

A perfectly competitive firm's marginal revenue (MR) curve is downward sloping. What is the relationship between the firm's marginal \cost (MC) and its average total \cost (ATC)?

Answer Options

A. MC > ATC
B. MC < ATC
Correct Answer C. MC = ATC
D. MC > ATC > AVC
Correct Answer
C
Correct Option:
MC = ATC

About This Question

This is Post Utme Uniport 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Uniport Economics examination.

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