Post Utme Mountain Top University 2024 Economics Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice

Question 17 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A farmer produces 100 units of wheat at a \cost of ₦100 per unit. If the selling price of wheat is ₦120 per unit, what is the profit per unit?

Answer Options

A. ₦10

Correct Answer B. ₦20

C. ₦30

D. ₦40

Correct Answer

Correct Option:

₦20

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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