Post Utme Babcock University 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is considering two different production techno\logies: Techno\logy A and Techno\logy B. Techno\logy A has a fixed \cost of $100 and a variable \cost of $10 per unit, while Techno\logy B has a fixed \cost of $200 and a variable \cost of $20 per unit. If the market price is $30 per unit, which techno\logy should the firm choose?

Answer Options

Correct Answer A. Techno\logy A
B. Techno\logy B
C. Either techno\logy is equally profitable
D. Neither techno\logy is profitable
Correct Answer
A
Correct Option:
Techno\logy A

About This Question

This is Post Utme Babcock University 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.

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