Post Utme Futo 2023 Commerce Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Futo Commerce examination.

Post Utme Futo 2023 Commerce Objective / Multiple Choice
Question 37 POST_UTME_FUTO • 2023 • COMMERCE • objective

A firm is considering two different production technologies to manufacture a new product. The first technology has a higher initial investment cost but lower operating costs. The second technology has a lower initial investment cost but higher operating costs. Which technology should the firm choose if it expects to produce the product for a short period?

Answer Options

Correct Answer A. First technology
B. Second technology
C. Either technology
D. Neither technology
Correct Answer
A
Correct Option:
First technology

About This Question

This is Post Utme Futo 2023 Commerce Question 37. It is one of the objective questions from the 2023 Post Utme Futo Commerce examination.

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