Post Utme Christopher University 2019 Economics Question 14
Practice objective / multiple choice question 14 from the 2019 Post Utme Christopher University Economics examination.
A firm is considering two production techno\logies: one with a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit, and another with a fixed \cost of ₦150,000 and a variable \cost of ₦30 per unit. If the firm produces 10,000 units, which techno\logy should it choose?
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About This Question
This is Post Utme Christopher University 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Christopher University Economics examination.
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