Post Utme Lautech 2023 Geography Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Lautech Geography examination.

Post Utme Lautech 2023 Geography Objective / Multiple Choice
Question 30 POST_UTME_LAUTECH • 2023 • GEOGRAPHY • objective

A firm is considering expanding its production capacity. The firm's current production capacity is 100 units per day, and it wants to increase it to 150 units per day. If the firm's current cost of production is 10 per unit, and the cost of production increases by 10% for each additional unit produced, what will be the total cost of production for the firm?

Answer Options

A. 1,500
Correct Answer B. 1,800
C. 2,000
D. 2,500
Correct Answer
B
Correct Option:
1,800

About This Question

This is Post Utme Lautech 2023 Geography Question 30. It is one of the objective questions from the 2023 Post Utme Lautech Geography examination.

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