Post Utme Abu 2022 Commerce Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Abu Commerce examination.

Post Utme Abu 2022 Commerce Objective / Multiple Choice

Question 10 POST_UTME_ABU • 2022 • COMMERCE • objective

A firm's economic profit is the difference between its

A. total revenue and its total fixed costs

B. total revenue and its total variable costs

Correct Answer C. total revenue and its total fixed and variable costs

D. total revenue and its total contribution margin

Correct Answer

Correct Option:

total revenue and its total fixed and variable costs

This is Post Utme Abu 2022 Commerce Question 10. It is one of the objective questions from the 2022 Post Utme Abu Commerce examination.

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