Post Utme Bells University 2023 Commerce Question 41

Practice objective / multiple choice question 41 from the 2023 Post Utme Bells University Commerce examination.

Post Utme Bells University 2023 Commerce Objective / Multiple Choice
Question 41 POST_UTME_BELLS_UNIVERSITY • 2023 • COMMERCE • objective

A firm uses a production process that involves the following costs: fixed costs, variable costs, and semi-variable costs. Which of the following is NOT a type of cost?

Answer Options

A. Fixed costs
B. Variable costs
C. Semi-variable costs
Correct Answer D. Sunk costs
Correct Answer
D
Correct Option:
Sunk costs

About This Question

This is Post Utme Bells University 2023 Commerce Question 41. It is one of the objective questions from the 2023 Post Utme Bells University Commerce examination.

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