Post Utme Madonna University 2025 General Studies Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Madonna University General Studies examination.

Post Utme Madonna University 2025 General Studies Objective / Multiple Choice
Question 15 POST_UTME_MADONNA_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A firm has a profit of ₦100,000 and a total fixed cost of ₦50,000. If the firm's total revenue is ₦150,000, what is the firm's total variable cost?

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Madonna University 2025 General Studies Question 15. It is one of the objective questions from the 2025 Post Utme Madonna University General Studies examination.

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