Home » Classroom » JAMB Economics 1991 Question

Consider the table which shows output o total c... - JAMB Economics 1991 Question

Consider the table which shows output (o), total cost (TC)of production and marginal cost (MC) for a firm in a competitive market. Suppose price (P) = N 12, what is the maximum profit the firm can make ?
A
N2000.00
B
1 200.00
C
1000.00
D
400.00
correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses

Courses

SS1SS2SS3JAMBWAECJSS1JSS2JSS3

Featured Posts

137 Best Happy New Week Wishes, Messages & PrayersWAEC Past Questions and Answers (PDF) Free DownloadThe Life Changer 130 Possible Questions And AnswersJAMB Past Questions & Answers PDF (FREE downloads, all subjects)WAEC mathematics past questions & answers PDF (free download)WAEC Syllabus 2023/2024 For All Subjects (PDF Download)Heartfelt Good Morning Love Messages for Her to Brighten Her DayDownload Post-UTME Past Questions and Answers (PDF) of your schoolActive WAEC WhatsApp Group Links 2024UNILAG Post UTME Past Questions & Answers (Free PDF)