Post Utme Greenfield University 2022 Commerce Question 12
Practice objective / multiple choice question 12 from the 2022 Post Utme Greenfield University Commerce examination.
A company is considering two different production technologies to produce a certain product. The first technology has a fixed cost of ₦100,000 and a variable cost of ₦50 per unit. The second technology has a fixed cost of ₦150,000 and a variable cost of ₦30 per unit. If the selling price of the product is ₦80 per unit, which technology should the company choose?
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About This Question
This is Post Utme Greenfield University 2022 Commerce Question 12. It is one of the objective questions from the 2022 Post Utme Greenfield University Commerce examination.
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