Post Utme Al Hikmah University 2019 Economics Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2019 Economics Objective / Multiple Choice
Question 28 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's profit function is given by \( pi = R - C \), where ( pi ) is the profit, R is the revenue and C is the \cost. If the firm's revenue is 100 and \cost is 50, calculate the profit.

Answer Options

A. 50
B. 55
Correct Answer C. 60
D. 65
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Al Hikmah University 2019 Economics Question 28. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Economics examination.

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