Post Utme Mountain Top University 2020 Economics Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2020 Economics Objective / Multiple Choice
Question 19 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ECONOMICS • objective

A company in Nigeria produces 500 units of a product per day. The \cost of production is ₦1,000 per unit. If the selling price is ₦1,200 per unit, what is the profit per unit?

Answer Options

A. ₦100
B. ₦200
Correct Answer C. ₦300
D. ₦400
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Mountain Top University 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Mountain Top University Economics examination.

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