Post Utme Eksu 2017 Commerce Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Eksu Commerce examination.

Post Utme Eksu 2017 Commerce Objective / Multiple Choice
Question 14 POST_UTME_EKSU • 2017 • COMMERCE • objective

A firm is considering two different production processes for producing a good. Process A costs ₦100 per unit and produces 2 units of output per hour. Process B costs ₦150 per unit and produces 3 units of output per hour. If the firm wants to produce 12 units of output per hour, which process should it use?

Answer Options

A. Process A
Correct Answer B. Process B
C. Both processes are equally efficient
D. Neither process is efficient
Correct Answer
B
Correct Option:
Process B

About This Question

This is Post Utme Eksu 2017 Commerce Question 14. It is one of the objective questions from the 2017 Post Utme Eksu Commerce examination.

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