Post Utme Redeemers University 2022 Economics Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2022 Economics Objective / Multiple Choice
Question 22 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦500, a total \cost of ₦300, and a fixed \cost of ₦100. What is its profit?

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 Redeemers University 2022 Economics Question 22. It is one of the objective questions from the 2022 Post Utme Redeemers University Economics examination.

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