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  5. Revenue can be expre...

Revenue can be expressed as

Economics
JAMB 2015
Revenue can be expressed as
  • A. total Profit made after sales
  • B. amount of goods produced
  • C. total money realized from sales
  • D. amount spent on purchases
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Correct Answer: Option C
Explanation
Revenue can be defined as the income generated by a firm from the sales of its goods and services.
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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