Post Utme Igbinedion University 2020 Geography Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Igbinedion University Geography examination.

Post Utme Igbinedion University 2020 Geography Objective / Multiple Choice
Question 24 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • GEOGRAPHY • objective

A firm produces 100 units of a product per day. If the price of the product is ₦200 per unit, and the cost of production is ₦150 per unit, what is the profit per unit?

Answer Options

Correct Answer A. ₦50
B. ₦75
C. ₦100
D. ₦125
Correct Answer
A
Correct Option:
₦50

About This Question

This is Post Utme Igbinedion University 2020 Geography Question 24. It is one of the objective questions from the 2020 Post Utme Igbinedion University Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support