Post Utme Coal City University 2021 Commerce Question 12
Practice objective / multiple choice question 12 from the 2021 Post Utme Coal City University Commerce examination.
A firm has two products, X and Y. Product X has a fixed cost of ₦10,000 and a variable cost of ₦5 per unit. Product Y has a fixed cost of ₦15,000 and a variable cost of ₦3 per unit. If the selling price of product X is ₦10 per unit and the selling price of product Y is ₦8 per unit, which product should the firm produce to maximize profit?
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About This Question
This is Post Utme Coal City University 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.
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