Post Utme Nile University 2019 Economics Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 17 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A farmer produces 100 units of wheat and 50 units of maize. If the price of wheat is ₦5 per unit and the price of maize is ₦3 per unit, what is the total value of the farmer's output?

Answer Options

A. ₦500
B. ₦550
Correct Answer C. ₦600
D. ₦650
Correct Answer
C
Correct Option:
₦600

About This Question

This is Post Utme Nile University 2019 Economics Question 17. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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