Post Utme Coal City University 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦100,000 and a total \cost of ₦80,000. What is the profit of the firm?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Coal City University 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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