Post Utme Christopher University 2022 Commerce Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2022 Commerce Objective / Multiple Choice
Question 20 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • COMMERCE • objective

A company's average fixed cost (AFC) is given by the equation AFC = 100 / Q, where Q is the quantity produced. If the company produces 10 units, what is the average fixed cost?

Answer Options

A. ₦10
B. ₦20
C. ₦30
Correct Answer D. ₦40
Correct Answer
D
Correct Option:
₦40

About This Question

This is Post Utme Christopher University 2022 Commerce Question 20. It is one of the objective questions from the 2022 Post Utme Christopher University Commerce examination.

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