Post Utme Madonna University 2018 Economics Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2018 Economics Objective / Multiple Choice
Question 14 POST_UTME_MADONNA_UNIVERSITY • 2018 • ECONOMICS • objective

A farmer produces 500 units of a crop at a \cost of ₦200 per unit. If the selling price is ₦300 per unit, what is the profit per unit?

Answer Options

Correct Answer A. ₦50
B. ₦100
C. ₦150
D. ₦200
Correct Answer
A
Correct Option:
₦50

About This Question

This is Post Utme Madonna University 2018 Economics Question 14. It is one of the objective questions from the 2018 Post Utme Madonna University Economics examination.

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