Post Utme Lasu 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_LASU • 2024 • COMMERCE • objective

A firm is considering the introduction of a new product. The product's production cost is ₦500 per unit, and the selling price is ₦750 per unit. If the firm wants to make a profit of ₦100 per unit, what is the minimum number of units that should be produced?

Answer Options

A. 100
B. 200
Correct Answer C. 300
D. 400
Correct Answer
C
Correct Option:
300

About This Question

This is Post Utme Lasu 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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