Post Utme Ksu 2019 Economics Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 38 POST_UTME_KSU • 2019 • ECONOMICS • objective

A company in Nigeria produces two products, A and B. The \cost of producing product A is ₦50,000 per unit, and the \cost of producing product B is ₦60,000 per unit. If the company produces 100 units of product A and 50 units of product B, what is the total \cost of production?

Answer Options

A. ₦6,000,000
Correct Answer B. ₦7,000,000
C. ₦8,000,000
D. ₦9,000,000
Correct Answer
B
Correct Option:
₦7,000,000

About This Question

This is Post Utme Ksu 2019 Economics Question 38. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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