Post Utme Caleb University 2019 Commerce Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2019 Commerce Objective / Multiple Choice
Question 38 POST_UTME_CALEB_UNIVERSITY • 2019 • COMMERCE • objective

A firm exports goods to a foreign country. The firm's export price is 10 per unit, and the foreign country's import price is 15 per unit. If the firm's export quantity is 100 units, what is the firm's revenue in the foreign currency?

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 Caleb University 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Caleb University Commerce examination.

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