At the point of profit maximization by a firm, marginal cost is?
ECONOMICS
JAMB 1990
At the point of profit maximization by a firm, marginal cost is?
- A. minimum
- B. falling
- C. constant
- D. rising
Correct Answer: D. rising
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *