Post Utme Joseph Ayo Babalola University 2019 Commerce Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2019 Commerce Objective / Multiple Choice
Question 39 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

A firm is considering investing in a new production line. The production line will cost ₦1,000,000 and will produce 1000 units per day. If the firm sells each unit for ₦500, what is the daily profit of the firm?

Answer Options

A. ₦400,000
Correct Answer B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Commerce Question 39. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

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