Post Utme Joseph Ayo Babalola University 2021 Commerce Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2021 Commerce Objective / Multiple Choice
Question 35 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • COMMERCE • objective

A firm has a production cost of ₦1,500 per unit and a selling price of ₦2,500 per unit. If the firm produces 5,000 units, what is the profit?

Answer Options

A. ₦6,250,000
B. ₦6,500,000
Correct Answer C. ₦7,000,000
D. ₦7,500,000
Correct Answer
C
Correct Option:
₦7,000,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Commerce Question 35. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Commerce examination.

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