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3616

which of the following can be added to a firm's profit to obtain total revenue

  • A. total variable cost
  • B. total fixed cost
  • C. marginal cost
  • D. total revenue
View Answer & Discuss (4) WAEC 2017
3617

The amount of money that a firm recieves from the sales of its output is called

  • A. total profit
  • B. total revenue
  • C. total cost
  • D. average revenue
View Answer & Discuss WAEC 2017
3618

which of the following is trueof the monopolist

  • A. his average revenue curve is horizontal
  • B. He determines both price and output
  • C. his demand and marginal revenue curve are the same
  • D. he determines either price or output
View Answer & Discuss (1) WAEC 2017
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3619

Equity shares form the bulk of the capital of a?

  • A. private firm
  • B. public company
  • C. statutory company
  • D. limited partnership
View Answer & Discuss WAEC 2017
3620

if a state owned firm is sold through the stock market, the organisation becomes?

  • A. partnership
  • B. private company
  • C. public limited company
  • D. public corporation
View Answer & Discuss WAEC 2017
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts