Post Utme Christopher University 2024 Economics Question 24
Practice objective / multiple choice question 24 from the 2024 Post Utme Christopher University Economics examination.
A farmer is producing wheat on a 100-hectare farm. The farmer's total revenue is ₦1.5 million, and the total \cost is ₦1.2 million. If the farmer's profit is ₦300,000, what is the farmer's profit margin?
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About This Question
This is Post Utme Christopher University 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Christopher University Economics examination.
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