Post Utme Delsu 2022 Economics Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Delsu Economics examination.

Post Utme Delsu 2022 Economics Objective / Multiple Choice
Question 37 POST_UTME_DELSU • 2022 • ECONOMICS • objective

A firm is considering two different production methods to produce a certain good. Method A requires an initial investment of ₦100,000 and has a variable \cost of ₦50 per unit. Method B requires an initial investment of ₦150,000 and has a variable \cost of ₦30 per unit. If the firm produces 10,000 units of the good, which method is more profitable?

Answer Options

Correct Answer A. Method A
B. Method B
C. Both methods are equally profitable
D. Neither method is profitable
Correct Answer
A
Correct Option:
Method A

About This Question

This is Post Utme Delsu 2022 Economics Question 37. It is one of the objective questions from the 2022 Post Utme Delsu Economics examination.

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