Post Utme Covenant University 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A firm is considering a new product launch. The product has a fixed cost of ₦500,000 and a variable cost of ₦200 per unit. If the selling price is ₦300 per unit, what is the break-even point?

Answer Options

A. 2,500 units
Correct Answer B. 5,000 units
C. 7,500 units
D. 10,000 units
Correct Answer
B
Correct Option:
5,000 units

About This Question

This is Post Utme Covenant University 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support