Post Utme Caleb University 2021 Commerce Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2021 Commerce Objective / Multiple Choice
Question 38 POST_UTME_CALEB_UNIVERSITY • 2021 • COMMERCE • objective

A firm has the following production costs: Fixed Costs = ₦100,000, Variable Costs = ₦50,000. If the firm produces 100 units of a product, what is the total cost of production?

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 Caleb University 2021 Commerce Question 38. It is one of the objective questions from the 2021 Post Utme Caleb University Commerce examination.

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