Post Utme Redeemers University 2020 Economics Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2020 Economics Objective / Multiple Choice
Question 7 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • ECONOMICS • objective

A firm produces 100 units of a good at a \cost of ₦10 per unit. If the market price of the good is ₦15 per unit, what is the firm's revenue?

Answer Options

A. 10000
Correct Answer B. 15000
C. 20000
D. 25000
Correct Answer
B
Correct Option:
15000

About This Question

This is Post Utme Redeemers University 2020 Economics Question 7. It is one of the objective questions from the 2020 Post Utme Redeemers University Economics examination.

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