Post Utme Caleb University 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_CALEB_UNIVERSITY • 2019 • COMMERCE • objective

A firm's production process involves the use of a machine that requires a ₦5,000 maintenance cost every month. If the firm produces 1,000 units of a product per month, and each unit sells for ₦100, what is the firm's total revenue per month?

Answer Options

Correct Answer A. ₦100,000
B. ₦120,000
C. ₦150,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Caleb 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