Post Utme Esut 2018 Economics Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Esut Economics examination.

Post Utme Esut 2018 Economics Objective / Multiple Choice
Question 8 POST_UTME_ESUT • 2018 • ECONOMICS • objective

A farmer produces wheat and sells it at a price of ₦100 per unit. The \cost of production is ₦80 per unit. If the farmer sells 100 units of wheat, what is the profit?

Answer Options

Correct Answer A. ₦2000
B. ₦1000
C. ₦5000
D. ₦8000
Correct Answer
A
Correct Option:
₦2000

About This Question

This is Post Utme Esut 2018 Economics Question 8. It is one of the objective questions from the 2018 Post Utme Esut Economics examination.

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