Post Utme Futo 2022 Economics Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Futo Economics examination.

Post Utme Futo 2022 Economics Objective / Multiple Choice
Question 20 POST_UTME_FUTO • 2022 • ECONOMICS • objective

A firm is producing a product with a fixed \cost of ₦50,000 and a variable \cost of ₦10 per unit. If the selling price is ₦20 per unit, what is the break-even point?

Answer Options

A. 2,500 units
Correct Answer B. 5,000 units
C. 7,500 units
D. 10,000 units
Correct Answer
B
Correct Option:
5,000 units

About This Question

This is Post Utme Futo 2022 Economics Question 20. It is one of the objective questions from the 2022 Post Utme Futo Economics examination.

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