Post Utme Joseph Ayo Babalola University 2019 Commerce Question 20
Practice objective / multiple choice question 20 from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.
A firm is considering a new product line. The product has a fixed cost of 100,000 and a variable cost of 50 per unit. The selling price of the product is 75 per unit. If the firm expects to sell 10,000 units of the product, what is the profit per unit?
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This is Post Utme Joseph Ayo Babalola University 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.
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