Post Utme Veritas University 2021 Commerce Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2021 Commerce Objective / Multiple Choice
Question 9 POST_UTME_VERITAS_UNIVERSITY • 2021 • COMMERCE • objective

A firm's profit-maximizing output is determined by the point where its

Answer Options

Correct Answer A. marginal revenue curve intersects its marginal cost curve
B. average revenue curve intersects its average cost curve
C. marginal cost curve intersects its average revenue curve
D. average cost curve intersects its marginal revenue curve
Correct Answer
A
Correct Option:
marginal revenue curve intersects its marginal cost curve

About This Question

This is Post Utme Veritas University 2021 Commerce Question 9. It is one of the objective questions from the 2021 Post Utme Veritas University Commerce examination.

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