Post Utme Osustech 2022 Commerce Question 15
Practice objective / multiple choice question 15 from the 2022 Post Utme Osustech Commerce examination.
A firm is considering two different production strategies for its new product. Strategy A involves a high fixed cost of ₦5,000,000, but a low variable cost of ₦1,000 per unit. Strategy B involves a low fixed cost of ₦1,000,000, but a high variable cost of ₦5,000 per unit. Which strategy should the firm choose?
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About This Question
This is Post Utme Osustech 2022 Commerce Question 15. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.
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