Post Utme Joseph Ayo Babalola University 2018 Economics Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2018 Economics Objective / Multiple Choice
Question 15 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A farmer is producing a crop with a yield of 100 kg/ha. The price of the crop is ₦500/kg. What is the total revenue of the farmer from 10 hectares of land?

Answer Options

A. ₦5,000,000
Correct Answer B. ₦5,500,000
C. ₦6,000,000
D. ₦6,500,000
Correct Answer
B
Correct Option:
₦5,500,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Economics Question 15. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

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