Post Utme Lautech 2023 Commerce Question 33
Practice objective / multiple choice question 33 from the 2023 Post Utme Lautech Commerce examination.
A firm is considering two different modes of transportation for its goods: road and rail. The cost of transporting goods by road is given by the equation C_r = 2x + 5, where x is the number of units transported. The cost of transporting goods by rail is given by the equation C_s = x^2 + 3x + 2. If the firm wants to minimize its costs, which mode of transportation should it use?
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About This Question
This is Post Utme Lautech 2023 Commerce Question 33. It is one of the objective questions from the 2023 Post Utme Lautech Commerce examination.
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