Post Utme Mountain Top University 2020 Commerce Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2020 Commerce Objective / Multiple Choice
Question 15 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • COMMERCE • objective

A firm uses the transportation cost minimization model to determine the optimal transportation route. Which of the following is a constraint of the model?

Answer Options

A. The cost of transportation is directly proportional to the distance traveled.
B. The cost of transportation is inversely proportional to the distance traveled.
Correct Answer C. The firm has a fixed transportation budget.
D. The firm has a limited number of vehicles available.
Correct Answer
C
Correct Option:
The firm has a fixed transportation budget.

About This Question

This is Post Utme Mountain Top University 2020 Commerce Question 15. It is one of the objective questions from the 2020 Post Utme Mountain Top University Commerce examination.

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