Post Utme Caleb University 2024 Commerce Question 3
Practice objective / multiple choice question 3 from the 2024 Post Utme Caleb University Commerce examination.
A company has two production plants, one in Lagos and the other in Abuja. The cost of producing one unit of a product in Lagos is ₦100, while the cost of producing one unit in Abuja is ₦120. If the company produces 100 units of the product, what is the minimum cost of production?
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About This Question
This is Post Utme Caleb University 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Caleb University Commerce examination.
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