Post Utme Esut 2021 Commerce Question 36
Practice objective / multiple choice question 36 from the 2021 Post Utme Esut Commerce examination.
A firm is considering two production technologies to produce a product. Technology A requires an initial investment of ₦5 million and produces 100 units of the product per day. Technology B requires an initial investment of ₦10 million and produces 200 units of the product per day. If the firm can sell the product at ₦50 per unit, what is the minimum number of days the firm must operate to break even if it chooses Technology A?
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About This Question
This is Post Utme Esut 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Esut Commerce examination.
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