Post Utme Lead City University 2022 Commerce Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2022 Commerce Objective / Multiple Choice
Question 22 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • COMMERCE • objective

A firm has the following production costs: Fixed costs = ₦100,000, Variable costs = ₦50x, where x is the number of units produced. The firm produces 100 units. What is the total cost of production?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Lead City University 2022 Commerce Question 22. It is one of the objective questions from the 2022 Post Utme Lead City University Commerce examination.

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