Post Utme Eksu 2024 Commerce Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Eksu Commerce examination.

Post Utme Eksu 2024 Commerce Objective / Multiple Choice
Question 10 POST_UTME_EKSU • 2024 • COMMERCE • objective

A firm is considering exporting its products to a foreign market. The firm has a fixed cost of ₦500,000 and a variable cost of ₦200 per unit. The selling price in the foreign market is ₦300 per unit. What is the minimum number of units the firm must sell to break even?

Answer Options

A. 1,000 units
Correct Answer B. 2,000 units
C. 3,000 units
D. 4,000 units
Correct Answer
B
Correct Option:
2,000 units

About This Question

This is Post Utme Eksu 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Eksu Commerce examination.

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