Post Utme Lautech 2022 Commerce Question 3
Practice objective / multiple choice question 3 from the 2022 Post Utme Lautech Commerce examination.
A firm has a production capacity of 10,000 units per month. The firm sells its products at a price of ₦2,500 per unit. If the fixed costs are ₦150,000 and the variable costs are ₦1,500 per unit, what is the firm's profit per unit?
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About This Question
This is Post Utme Lautech 2022 Commerce Question 3. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.
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