Post Utme Ksu 2022 Economics Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Ksu Economics examination.

Post Utme Ksu 2022 Economics Objective / Multiple Choice
Question 21 POST_UTME_KSU • 2022 • ECONOMICS • objective

A farmer produces 1000 bags of rice per year. If the price of rice is ₦10 per bag, what is the total revenue generated by the farmer from the sale of rice?

Answer Options

A. ₦10,000
Correct Answer B. ₦12,000
C. ₦14,000
D. ₦16,000
Correct Answer
B
Correct Option:
₦12,000

About This Question

This is Post Utme Ksu 2022 Economics Question 21. It is one of the objective questions from the 2022 Post Utme Ksu Economics examination.

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