Post Utme Madonna University 2021 Commerce Question 35
Practice objective / multiple choice question 35 from the 2021 Post Utme Madonna University Commerce examination.
A sole trader is considering the introduction of a new product line. The product has a high demand, but the production costs are also high. The sole trader has estimated that the product will generate a revenue of ₦120,000 per unit, but the production cost per unit is ₦80,000. What is the sole trader's net profit per unit if it produces and sells 1,000 units of the product?
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About This Question
This is Post Utme Madonna University 2021 Commerce Question 35. It is one of the objective questions from the 2021 Post Utme Madonna University Commerce examination.
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