Post Utme Bells University 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A firm in Nigeria is considering two different production techno\logies for its manufacturing process. The first techno\logy has a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit produced. The second techno\logy has a fixed \cost of ₦150,000 and a variable \cost of ₦30 per unit produced. If the firm produces 1,000 units, what is the total \cost of each techno\logy?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Bells University 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

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