Post Utme Unilag 2020 Commerce Question 40
Practice objective / multiple choice question 40 from the 2020 Post Utme Unilag Commerce examination.
A firm has a profit function π = R - C, where π is profit, R is revenue, and C is cost. If revenue increases by ₦1000 and cost remains constant at ₦500, what is the change in profit?
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About This Question
This is Post Utme Unilag 2020 Commerce Question 40. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.
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