Post Utme Noun 2024 Economics Question 15
Practice objective / multiple choice question 15 from the 2024 Post Utme Noun Economics examination.
A firm is considering two different production processes. Process A has a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit. Process B has a fixed \cost of ₦150,000 and a variable \cost of ₦30 per unit. If the selling price is ₦80 per unit, which process should the firm choose?
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About This Question
This is Post Utme Noun 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Noun Economics examination.
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