Post Utme Unn 2021 Economics Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Unn Economics examination.

Post Utme Unn 2021 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNN • 2021 • ECONOMICS • objective

Consider a firm operating in a perfectly competitive market. If the firm's average \cost curve intersects the demand curve at a point where the quantity supplied is 100 units, and the price is ₦100 per unit, what is the firm's total revenue?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Unn 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Unn Economics examination.

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