Post Utme Greenfield University 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2020 Commerce Objective / Multiple Choice
Question 38 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • COMMERCE • objective

A firm is considering exporting its product to a foreign market. The firm's current price is ₦100 per unit, and the exchange rate is 1 USD = 400 NGN. If the firm expects to sell 5,000 units in the foreign market, what is the total revenue in USD?

Answer Options

A. 625
Correct Answer B. 6250
C. 12,500
D. 62,500
Correct Answer
B
Correct Option:
6250

About This Question

This is Post Utme Greenfield University 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Greenfield University Commerce examination.

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