Post Utme Oau 2021 Economics Question 32
Practice objective / multiple choice question 32 from the 2021 Post Utme Oau Economics examination.
A firm is considering two production processes: one that produces 100 units of output per hour with a fixed \cost of ₦5,000 and a variable \cost of ₦10 per unit, and another that produces 200 units of output per hour with a fixed \cost of ₦10,000 and a variable \cost of ₦5 per unit. Determine which process is more profitable if the firm sells its output at ₦20 per unit.
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About This Question
This is Post Utme Oau 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Oau Economics examination.
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