Post Utme Unn 2023 Economics Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Unn Economics examination.

Post Utme Unn 2023 Economics Objective / Multiple Choice

Question 27 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

B. Marginal revenue will decrease

C. Marginal revenue will remain cons\tant

D. Marginal revenue will become negative

Correct Answer

N/A

This is Post Utme Unn 2023 Economics Question 27. It is one of the objective questions from the 2023 Post Utme Unn Economics examination.

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