Post Utme Noun 2019 Economics Question 39
Practice objective / multiple choice question 39 from the 2019 Post Utme Noun Economics examination.
A firm is considering two different production techno\logies to produce a good. The first techno\logy has a fixed \cost of ₦10,000 and a variable \cost of ₦20 per unit produced. The second techno\logy has a fixed \cost of ₦5,000 and a variable \cost of ₦30 per unit produced. If the firm produces 100 units of the good, which techno\logy should it choose?
Answer Options
About This Question
This is Post Utme Noun 2019 Economics Question 39. It is one of the objective questions from the 2019 Post Utme Noun Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.