Waec Model Questions Vol1 2020 Economics Question 7
Practice objective / multiple choice question 7 from the 2020 Waec Model Questions Vol1 Economics examination.
A manufacturing firm incurs the following total costs (TC) at different output levels (Q): Q (units): 0, 100, 200, 300, 400, 500 TC (₦): 100, 180, 260, 350, 460, 590 Using the data, determine the output level at which the firm first experiences diseconomies of scale. (Hint: compare average cost across output levels.)
Answer Options
About This Question
This is Waec Model Questions Vol1 2020 Economics Question 7. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.