Post Utme Futa 2022 Economics Question 23
Practice objective / multiple choice question 23 from the 2022 Post Utme Futa Economics examination.
A firm is producing a good with a total revenue of ₦150,000 and a total \cost of ₦110,000. If the firm's marginal revenue is ₦8,000 and its marginal \cost is ₦5,000, what is the firm's profit?
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About This Question
This is Post Utme Futa 2022 Economics Question 23. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.
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