Post Utme Uniben 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Uniben Economics examination.

Post Utme Uniben 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNIBEN • 2018 • ECONOMICS • objective

A firm's total revenue is ₦100,000 and the price of a good is ₦50 per unit. If the firm's total \cost is ₦50,000, find the firm's profit.

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Uniben 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Uniben Economics examination.

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