Post Utme Esut 2022 Commerce Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Esut Commerce examination.

Post Utme Esut 2022 Commerce Objective / Multiple Choice
Question 33 POST_UTME_ESUT • 2022 • COMMERCE • objective

A firm is considering two different production processes. Process A costs ₦5,000,000 and produces 10,000 units, while process B costs ₦6,000,000 and produces 12,000 units. Which process should the firm choose if it wants to minimize its cost per unit?

Answer Options

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

About This Question

This is Post Utme Esut 2022 Commerce Question 33. It is one of the objective questions from the 2022 Post Utme Esut Commerce examination.

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