Post Utme Mountain Top University 2017 Commerce Question 8
Practice objective / multiple choice question 8 from the 2017 Post Utme Mountain Top University Commerce examination.
A firm is considering two different production processes for a new product. Process A has a fixed cost of ₦500,000 and a variable cost of ₦200 per unit. Process B has a fixed cost of ₦300,000 and a variable cost of ₦150 per unit. If the firm produces 10,000 units, which process will result in lower total cost?
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About This Question
This is Post Utme Mountain Top University 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Mountain Top University Commerce examination.
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