Post Utme Joseph Ayo Babalola University 2022 Economics Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2022 Economics Objective / Multiple Choice
Question 12 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's total revenue is ₦1.2 million, and its total \cost is ₦900,000. What is its profit?

Answer Options

A. ₦300,000
B. ₦400,000
C. ₦500,000
Correct Answer D. ₦600,000
Correct Answer
D
Correct Option:
₦600,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

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