Post Utme Ui 2017 Economics Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Ui Economics examination.

Post Utme Ui 2017 Economics Objective / Multiple Choice
Question 7 POST_UTME_UI • 2017 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦100,000 and a total \cost of ₦80,000. What is the profit of the firm?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Ui 2017 Economics Question 7. It is one of the objective questions from the 2017 Post Utme Ui Economics examination.

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