Post Utme Christopher University 2024 Commerce Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2024 Commerce Objective / Multiple Choice
Question 3 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • COMMERCE • objective

A firm is considering two modes of transportation to ship its goods: by truck and by air. The cost of shipping by truck is given by ( C_T = 100 + 2Q ), where ( Q ) is the quantity shipped, and the cost of shipping by air is ( C_A = 500 + 5Q ). If the firm needs to ship 100 units of goods, which mode of transportation should it choose?

Answer Options

Correct Answer A. Truck
B. Air
C. Either mode is equally expensive
D. Neither mode is suitable
Correct Answer
A
Correct Option:
Truck

About This Question

This is Post Utme Christopher University 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Christopher University Commerce examination.

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