Post Utme Bowen University 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A firm's revenue is calculated by multiplying its price by the quantity sold. If the price of a product is ₦200 and the quantity sold is 50 units, what is the revenue?

Answer Options

Correct Answer A. ₦10,000
B. ₦9,000
C. ₦8,000
D. ₦7,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Bowen University 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support