Post Utme Ksu 2024 Economics Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Ksu Economics examination.

Post Utme Ksu 2024 Economics Objective / Multiple Choice
Question 36 POST_UTME_KSU • 2024 • ECONOMICS • objective

A firm is considering the introduction of a new product. The product has a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit. The selling price of the product is ₦75 per unit. If the firm produces 1,000 units, what is the profit?

Answer Options

Correct Answer A. ₦25,000
B. ₦50,000
C. ₦75,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦25,000

About This Question

This is Post Utme Ksu 2024 Economics Question 36. It is one of the objective questions from the 2024 Post Utme Ksu Economics examination.

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