Post Utme Madonna University 2017 Economics Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2017 Economics Objective / Multiple Choice
Question 25 POST_UTME_MADONNA_UNIVERSITY • 2017 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦1,500 and a total \cost of ₦1,200. What is the profit of the firm?

Answer Options

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

About This Question

This is Post Utme Madonna University 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Madonna University Economics examination.

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