From the Diagram above, the optimal point of production i...
From the Diagram above, the optimal point of production is
R
T
U
S
Correct answer is D
The optimal point of production is at point S where MU and MR intersects. That is a point where revenue equals cost.
Devaluation helps in checking adverse balance of payments if the ...
The information that rank a consumer preferences is given by ...
Which of the following is not an objective of the Indigenisaton policy in Nigeria? To ...
The part of income after tax that is not consumed is defined as ...
The function that distinguishes commercial banks from the central bank is that the former ...
The main objectives of public expenditure does NOT include ...
If MPC = 2/3 and investment is N100 million, the level of national income is ...
Which of the following statements is true about terms of trade? ...