Post Utme Oau 2022 Economics Question 12
Practice objective / multiple choice question 12 from the 2022 Post Utme Oau Economics examination.
A firm is considering two different production techno\logies to produce a certain good. The first techno\logy has a higher fixed \cost but a lower variable \cost, while the second techno\logy has a lower fixed \cost but a higher variable \cost. Which of the following is a potential advantage of the first techno\logy?
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About This Question
This is Post Utme Oau 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.
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