Post Utme Lead City University 2017 Commerce Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 15 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A firm is considering the introduction of a new product into the market. The product has a fixed cost of ₦200,000 and a variable cost of ₦50 per unit. If the firm sells 5,000 units of the product, what will be the total cost?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Lead City University 2017 Commerce Question 15. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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