Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. FUTA
  4. /
  5. Economics
  6. /
  7. 2013/2014
  8. /
  9. Q8
Question 8

A firm faces diminishing returns if its

  • A.Total output diminishes
  • B.Average output diminishes
  • C.Marginal output diminishes
  • D.Marginal revenue diminishes
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2013/2014
Question no.
#8
Type
Objective
Previous · Q7Use the table below to answer table#price td {border: 1px solid;text-align… Next · Q9 Cross elasticity of demand can be Mathematically expressed as the

More from this paper

  • Q4In a centrally planned economy, the economic problem of deciding what to produce…
  • Q5A demand which is positively related to price is true of
  • Q6Use the table below to answer table#price td {border: 1px solid;text-align…
  • Q10Situation in which all inputs are doubled and output also doubles is known as
  • Q11At any given level of output, the total cost of a firm equals the
  • Q12At any given level of output, a firm's variable cost equals
See all Economics 2013/2014 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy