Post Utme Greenfield University 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • COMMERCE • objective

A firm's profit function is given by P(x) = R(x) - C(x), where R(x) is the revenue function and C(x) is the cost function. If the firm sells 5 units and produces 4 units, what is its profit?

Answer Options

A. 10
B. 15
Correct Answer C. 20
D. 25
Correct Answer
C
Correct Option:
20

About This Question

This is Post Utme Greenfield University 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Greenfield University Commerce examination.

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