Post Utme Ui 2017 Commerce Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Ui Commerce examination.

Post Utme Ui 2017 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UI • 2017 • COMMERCE • objective

A firm's foreign trade policy involves importing raw materials from a foreign country and exporting finished goods to another country. If the firm's current import price is 100 per unit and the export price is 150 per unit, what is the expected profit per unit if the firm sells 1000 units?

Answer Options

A. 50 per unit
B. 60 per unit
Correct Answer C. 70 per unit
D. 80 per unit
Correct Answer
C
Correct Option:
70 per unit

About This Question

This is Post Utme Ui 2017 Commerce Question 37. It is one of the objective questions from the 2017 Post Utme Ui Commerce examination.

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