Post Utme Lautech 2022 Commerce Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Lautech Commerce examination.

Post Utme Lautech 2022 Commerce Objective / Multiple Choice
Question 5 POST_UTME_LAUTECH • 2022 • COMMERCE • objective

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 total revenue per month?

Answer Options

A. ₦25,000,000
Correct Answer B. ₦30,000,000
C. ₦35,000,000
D. ₦40,000,000
Correct Answer
B
Correct Option:
₦30,000,000

About This Question

This is Post Utme Lautech 2022 Commerce Question 5. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.

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