Post Utme Igbinedion University 2017 Commerce Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2017 Commerce Objective / Multiple Choice
Question 32 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • COMMERCE • objective

A company has two production plants, A and B. Plant A produces 100 units of a product and sells it at ₦500 per unit, while Plant B produces 200 units of the same product and sells it at ₦400 per unit. If the company wants to maximize its revenue, what should be the ratio of production between Plant A and Plant B?

Answer Options

A. 1:2
Correct Answer B. 2:1
C. 1:1
D. 3:2
Correct Answer
B
Correct Option:
2:1

About This Question

This is Post Utme Igbinedion University 2017 Commerce Question 32. It is one of the objective questions from the 2017 Post Utme Igbinedion University Commerce examination.

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