Post Utme Covenant University 2025 Commerce Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2025 Commerce Objective / Multiple Choice
Question 30 POST_UTME_COVENANT_UNIVERSITY • 2025 • COMMERCE • objective

A company's profit function is given by P = R - C, where P is the profit, R is the revenue, and C is the cost. If the company's revenue is ₦10000 and its cost is ₦5000, what is its profit?

Answer Options

A. ₦2500
Correct Answer B. ₦3500
C. ₦4500
D. ₦5500
Correct Answer
B
Correct Option:
₦3500

About This Question

This is Post Utme Covenant University 2025 Commerce Question 30. It is one of the objective questions from the 2025 Post Utme Covenant University Commerce examination.

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