Post Utme Covenant University 2019 Commerce Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 24 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A firm's profit is calculated by subtracting its total cost from its total revenue. If a firm has a total revenue of 10000 and a total cost of 5000, its profit is

Answer Options

Correct Answer A. 5000
B. 10000
C. 15000
D. 20000
Correct Answer
A
Correct Option:
5000

About This Question

This is Post Utme Covenant University 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support