Post Utme Lasu 2023 Commerce Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Lasu Commerce examination.

Post Utme Lasu 2023 Commerce Objective / Multiple Choice
Question 39 POST_UTME_LASU • 2023 • COMMERCE • objective

A company is considering two different production strategies for its new product. Strategy A involves producing 1000 units per day, while Strategy B involves producing 500 units per day. The company's production costs are as follows: labor costs 10 per unit, material costs 5 per unit, and overhead costs 2 per unit. If the company wants to maximize its profit, which strategy should it choose?

Answer Options

Correct Answer A. Strategy A
B. Strategy B
C. Both strategies are equally profitable
D. Neither strategy is profitable
Correct Answer
A
Correct Option:
Strategy A

About This Question

This is Post Utme Lasu 2023 Commerce Question 39. It is one of the objective questions from the 2023 Post Utme Lasu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support