Post Utme Wellspring University 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2023 Commerce Objective / Multiple Choice
Question 5 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • COMMERCE • objective

A firm's revenue is maximized when the price elasticity of demand is

Answer Options

A. Unit elastic
B. Inelastic
Correct Answer C. Elastic
D. Perfectly elastic
Correct Answer
C
Correct Option:
Elastic

About This Question

This is Post Utme Wellspring University 2023 Commerce Question 5. It is one of the objective questions from the 2023 Post Utme Wellspring University Commerce examination.

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