Post Utme Esut 2024 Geography Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Esut Geography examination.

Post Utme Esut 2024 Geography Objective / Multiple Choice

Question 12 POST_UTME_ESUT • 2024 • GEOGRAPHY • objective

A company is considering two different production processes for a new product. Process A has a fixed cost of ₦500,000 and a variable cost of ₦200 per unit. Process B has a fixed cost of ₦750,000 and a variable cost of ₦150 per unit. If the selling price of the product is ₦300 per unit, which process should the company choose?

Correct Answer A. Process A

B. Process B

C. Both processes are equally profitable

D. Neither process is profitable

Correct Answer

Correct Option:

Process A

This is Post Utme Esut 2024 Geography Question 12. It is one of the objective questions from the 2024 Post Utme Esut Geography examination.

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