Post Utme Mountain Top University 2017 Economics Question 37
Practice objective / multiple choice question 37 from the 2017 Post Utme Mountain Top University Economics examination.
A firm is considering two different production techno\logies: A and B. Techno\logy A has a fixed \cost of $100,000 and a variable \cost of $20 per unit. Techno\logy B has a fixed \cost of $150,000 and a variable \cost of $15 per unit. If the firm produces 10,000 units, what is the total \cost of each techno\logy?
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About This Question
This is Post Utme Mountain Top University 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Mountain Top University Economics examination.
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