Post Utme Unilag 2020 Economics Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Unilag Economics examination.

Post Utme Unilag 2020 Economics Objective / Multiple Choice
Question 2 POST_UTME_UNILAG • 2020 • ECONOMICS • objective

A firm is producing a good with a total revenue of ₦1,500 and a total \cost of ₦1,200. What is the firm's profit?

Answer Options

Correct Answer A. ₦300
B. ₦200
C. ₦100
D. ₦50
Correct Answer
A
Correct Option:
₦300

About This Question

This is Post Utme Unilag 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Unilag Economics examination.

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