Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

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You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

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Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ECONOMICS

JAMB 2023 - Question 6

Economics 2023 JAMB Past Questions - Question 6: If monopoly is attempting to maximize profit, which of the following should it attempt to do?

If monopoly is attempting to maximize profit, which of the following should it attempt to do?

A: select that output at which ATC is at minimum

B: set price equal to TC

C: maximize profit per unit

D: equate marginal cost to marginal revenue

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ECONOMICS

Economics 2023 JAMB Past Questions - Question 6: If monopoly is attempting to maximize profit, which of the following should it attempt to do?

Examkit's JAMB CBT App

Correct Answer

Explanation