Post Utme Madonna University 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2023 Commerce Objective / Multiple Choice
Question 10 POST_UTME_MADONNA_UNIVERSITY • 2023 • COMMERCE • objective

A firm's profit is calculated by subtracting its total cost of production from its total revenue. If a firm has a total revenue of 10,000 and a total cost of production of 6,000, its profit is

Answer Options

Correct Answer A. 4,000
B. 3,000
C. 2,000
D. 1,000
Correct Answer
A
Correct Option:
4,000

About This Question

This is Post Utme Madonna University 2023 Commerce Question 10. It is one of the objective questions from the 2023 Post Utme Madonna University Commerce examination.

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