Post Utme Crawford University 2021 Commerce Question 16
Practice objective / multiple choice question 16 from the 2021 Post Utme Crawford University Commerce examination.
A firm imports goods from a foreign country and sells them in the domestic market. The firm's revenue is ₦1,000,000, and the cost of importing the goods is ₦800,000. The firm also incurs a transportation cost of ₦50,000. What is the firm's profit?
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About This Question
This is Post Utme Crawford University 2021 Commerce Question 16. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.
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