Post Utme Oau 2022 Commerce Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Oau Commerce examination.

Post Utme Oau 2022 Commerce Objective / Multiple Choice
Question 29 POST_UTME_OAU • 2022 • COMMERCE • objective

A firm's cost of production includes both fixed and variable costs. If the fixed cost is ₦5000 and the variable cost is ₦10 per unit, what is the total cost of producing 500 units?

Answer Options

A. ₦6000
Correct Answer B. ₦55000
C. ₦5000
D. ₦10000
Correct Answer
B
Correct Option:
₦55000

About This Question

This is Post Utme Oau 2022 Commerce Question 29. It is one of the objective questions from the 2022 Post Utme Oau Commerce examination.

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