Post Utme Igbinedion University 2018 Commerce Question 38
Practice objective / multiple choice question 38 from the 2018 Post Utme Igbinedion University Commerce examination.
A firm's break-even point is the point at which its total revenue equals its total fixed and variable costs. If a firm's total fixed costs are ₦100,000 and its variable costs are ₦50 per unit, and it sells its product at ₦100 per unit, what is the break-even point in units?
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About This Question
This is Post Utme Igbinedion University 2018 Commerce Question 38. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.
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