Post Utme Joseph Ayo Babalola University 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦1,500 and a total \cost of ₦1,200. What is the profit of the firm?

Answer Options

Correct Answer A. ₦300
B. ₦400
C. ₦500
D. ₦600
Correct Answer
A
Correct Option:
₦300

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Economics 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