Post Utme Coal City University 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2019 Commerce Objective / Multiple Choice

Question 37 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A firm's revenue is calculated by multiplying the price of the product by the quantity sold. What is the formula for revenue?

Answer Options

Correct Answer A. TR = P x Q

B. TR = P + Q

C. TR = P - Q

D. TR = P / Q

Correct Answer

Correct Option:

TR = P x Q

About This Question

This is Post Utme Coal City University 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Coal City University Commerce examination.

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