Post Utme Delsu 2017 Commerce Question 4
Practice objective / multiple choice question 4 from the 2017 Post Utme Delsu Commerce examination.
A firm is considering two different production processes to produce a certain good. Process A requires an initial investment of ₦5000 and has a fixed cost of ₦1000 per unit produced. Process B requires an initial investment of ₦3000 and has a fixed cost of ₦500 per unit produced. If the firm wants to produce 100 units of the good, which process should it choose?
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About This Question
This is Post Utme Delsu 2017 Commerce Question 4. It is one of the objective questions from the 2017 Post Utme Delsu Commerce examination.
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