Post Utme Ims U 2018 Economics Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Ims U Economics examination.

Post Utme Ims U 2018 Economics Objective / Multiple Choice
Question 37 POST_UTME_IMS_U • 2018 • ECONOMICS • objective

A firm produces two products, A and B. The \cost of producing product A is ₦500 per unit, and the \cost of producing product B is ₦300 per unit. If the firm produces 100 units of product A and 50 units of product B, what is the total \cost of production?

Answer Options

A. ₦50,000
B. ₦60,000
Correct Answer C. ₦70,000
D. ₦80,000
Correct Answer
C
Correct Option:
₦70,000

About This Question

This is Post Utme Ims U 2018 Economics Question 37. It is one of the objective questions from the 2018 Post Utme Ims U Economics examination.

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