Post Utme Igbinedion University 2017 Commerce Question 32
Practice objective / multiple choice question 32 from the 2017 Post Utme Igbinedion University Commerce examination.
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
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.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.