Post Utme Mountain Top University 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2020 Economics Objective / Multiple Choice
Question 17 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ECONOMICS • objective

A farmer in Nigeria produces 100 bags of maize per season. The price of maize is ₦2,500 per bag. If the farmer sells all the maize, what is the total revenue generated?

Answer Options

Correct Answer A. ₦250,000
B. ₦250,500
C. ₦251,000
D. ₦252,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Mountain Top University 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Mountain Top University Economics examination.

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