Post Utme Greenfield University 2019 Commerce Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2019 Commerce Objective / Multiple Choice
Question 39 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • COMMERCE • objective

A company's profit function is given by P = R - C, where P is profit, R is revenue, and C is cost. If the company's revenue is ₦1000 and cost is ₦500, what is the profit?

Answer Options

A. ₦200
B. ₦300
Correct Answer C. ₦400
D. ₦500
Correct Answer
C
Correct Option:
₦400

About This Question

This is Post Utme Greenfield University 2019 Commerce Question 39. It is one of the objective questions from the 2019 Post Utme Greenfield University Commerce examination.

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