Post Utme Joseph Ayo Babalola University 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • COMMERCE • objective

A firm is producing a good with a total revenue of ₦1200 and a total cost of ₦800. What is the firm's profit?

Answer Options

A. ₦200
Correct Answer B. ₦400
C. ₦600
D. ₦800
Correct Answer
B
Correct Option:
₦400

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

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