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An entrepreneur is likely to make more profits when
Classroom
Economics Classroom
Waec
Waec 2004
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An entrepreneur is likely to make more profits when
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Expenditure is more than revenue
B
Competitors charge lower prices
C
Costs per unit output falls
D
Quantity of output reduces
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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