Post Utme Madonna University 2018 Economics Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2018 Economics Objective / Multiple Choice

Question 12 POST_UTME_MADONNA_UNIVERSITY • 2018 • ECONOMICS • objective

A firm produces 100 units of a product at a \cost of ₦500 per unit. If the selling price is ₦600 per unit, what is the profit per unit?

Answer Options

Correct Answer A. ₦50

B. ₦100

C. ₦150

D. ₦200

Correct Answer

Correct Option:

₦50

About This Question

This is Post Utme Madonna University 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Madonna University Economics examination.

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