Post Utme Bowen University 2017 Commerce Question 47
Practice objective / multiple choice question 47 from the 2017 Post Utme Bowen University Commerce examination.
A firm is considering two production technologies. Technology A has a fixed cost of 10,000 and a variable cost of 5 per unit. Technology B has a fixed cost of 20,000 and a variable cost of 3 per unit. If the firm produces 10,000 units, which technology has a lower total cost?
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About This Question
This is Post Utme Bowen University 2017 Commerce Question 47. It is one of the objective questions from the 2017 Post Utme Bowen University Commerce examination.
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