Post Utme Coal City University 2018 Commerce Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2018 Commerce Objective / Multiple Choice
Question 5 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • COMMERCE • objective

A firm has the following production costs: ( egin{array}{c|c} ext{Variable Costs} & ext{Fixed Costs} \ hline ext{Labor} & ext{Rent} \ ext{Materials} & ext{Utilities} \ ext{Overhead} & ext{Insurance} \ end{array} ). What is the primary benefit of using a production cost structure?

Answer Options

A. To reduce costs
B. To improve efficiency
C. To enhance quality
Correct Answer D. To increase profitability
Correct Answer
D
Correct Option:
To increase profitability

About This Question

This is Post Utme Coal City University 2018 Commerce Question 5. It is one of the objective questions from the 2018 Post Utme Coal City University Commerce examination.

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