Post Utme Mountain Top University 2021 Commerce Question 37
Practice objective / multiple choice question 37 from the 2021 Post Utme Mountain Top University Commerce examination.
A firm is considering exporting its products to a foreign market. The firm has a production capacity of 10,000 units per month and a selling price of ₦500 per unit. The firm's costs include a fixed cost of ₦100,000 per month and a variable cost of ₦50 per unit. What is the firm's profit per unit of production?
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About This Question
This is Post Utme Mountain Top University 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Mountain Top University Commerce examination.
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