Post Utme Abu 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Abu Economics examination.

Post Utme Abu 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_ABU • 2021 • ECONOMICS • objective

A firm's total revenue (TR) is given by the equation TR = 100P + 2000. If the firm's total \cost (TC) is ₦50,000, what is the firm's profit?

Answer Options

A. ₦25,000
Correct Answer B. ₦30,000
C. ₦35,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Abu 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Abu Economics examination.

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