Post Utme Al Hikmah University 2018 Commerce Question 14
Practice objective / multiple choice question 14 from the 2018 Post Utme Al Hikmah University Commerce examination.
A firm is considering two different production processes for its new product. Process A has a fixed cost of ₦100,000 and a variable cost of ₦50 per unit. Process B has a fixed cost of ₦150,000 and a variable cost of ₦30 per unit. If the selling price of the product is ₦100 per unit, which process would result in the highest profit?
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About This Question
This is Post Utme Al Hikmah University 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Commerce examination.
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