Post Utme Unn 2023 Economics Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Unn Economics examination.

Post Utme Unn 2023 Economics Objective / Multiple Choice

Question 23 POST_UTME_UNN • 2023 • ECONOMICS • objective

A firm is operating in a monopoly market with a downward-sloping demand curve. If the firm increases its production, what will happen to its marginal revenue?

A. Marginal revenue will increase

Correct Answer B. Marginal revenue will decrease

C. Marginal revenue will remain cons\tant

D. Marginal revenue will become negative

Correct Answer

Correct Option:

Marginal revenue will decrease

This is Post Utme Unn 2023 Economics Question 23. It is one of the objective questions from the 2023 Post Utme Unn Economics examination.

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