Post Utme Covenant University 2017 Commerce Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2017 Commerce Objective / Multiple Choice
Question 7 POST_UTME_COVENANT_UNIVERSITY • 2017 • COMMERCE • objective

A firm's revenue is calculated as the product of the price per unit and the quantity sold. If a firm sells 100 units at ₦200 each, what is its total revenue?

Answer Options

A. ₦15,000
Correct Answer B. ₦20,000
C. ₦25,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Covenant University 2017 Commerce Question 7. It is one of the objective questions from the 2017 Post Utme Covenant University Commerce examination.

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