Post Utme Igbinedion University 2018 Economics Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2018 Economics Objective / Multiple Choice
Question 11 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is considering two alternative production processes. Process A has a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit. Process B 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, determine the break-even point for each process.

Answer Options

A. 10,000 units
Correct Answer B. 20,000 units
C. 30,000 units
D. 40,000 units
Correct Answer
B
Correct Option:
20,000 units

About This Question

This is Post Utme Igbinedion University 2018 Economics Question 11. It is one of the objective questions from the 2018 Post Utme Igbinedion University Economics examination.

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