Post Utme Ksu 2019 Commerce Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Ksu Commerce examination.

Post Utme Ksu 2019 Commerce Objective / Multiple Choice
Question 20 POST_UTME_KSU • 2019 • COMMERCE • objective

A firm's profit function is given by \pi = R - C. If the firm's current revenue and cost are R = 20 and C = 15, what is the profit?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Ksu 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Ksu Commerce examination.

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