Post Utme Bells University 2017 Economics Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Bells University Economics examination.

Post Utme Bells University 2017 Economics Objective / Multiple Choice
Question 20 POST_UTME_BELLS_UNIVERSITY • 2017 • ECONOMICS • objective

A farmer produces 100 units of wheat, with a price of ₦10 per unit. If the farmer's opportunity \cost of producing wheat is ₦5 per unit, what is the farmer's total revenue?

Answer Options

A. ₦1000
Correct Answer B. ₦1500
C. ₦2000
D. ₦2500
Correct Answer
B
Correct Option:
₦1500

About This Question

This is Post Utme Bells University 2017 Economics Question 20. It is one of the objective questions from the 2017 Post Utme Bells University Economics examination.

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