Post Utme Madonna University 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2025 Economics Objective / Multiple Choice
Question 32 POST_UTME_MADONNA_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is considering two different production processes for its product. Process A requires an initial investment of ₦100,000 and generates a profit of ₦20,000 per unit sold. Process B requires an initial investment of ₦150,000 and generates a profit of ₦30,000 per unit sold. If the firm expects to sell 10,000 units of the product, which process would result in higher total profits?

Answer Options

A. Process A
Correct Answer B. Process B
C. Both processes would result in the same total profits
D. Neither process would result in higher total profits
Correct Answer
B
Correct Option:
Process B

About This Question

This is Post Utme Madonna University 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.

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