Post Utme Elizade University 2018 Commerce Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2018 Commerce Objective / Multiple Choice
Question 36 POST_UTME_ELIZADE_UNIVERSITY • 2018 • COMMERCE • objective

A firm's profit function is given by π = R - C. If the firm's current revenue and cost are R = 300 and C = 200, respectively, what is the firm's current profit?

Answer Options

A. 100
B. 200
Correct Answer C. 300
D. 400
Correct Answer
C
Correct Option:
300

About This Question

This is Post Utme Elizade University 2018 Commerce Question 36. It is one of the objective questions from the 2018 Post Utme Elizade University Commerce examination.

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