Post Utme Pan Atlantic University 2025 Commerce Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2025 Commerce Objective / Multiple Choice
Question 32 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • COMMERCE • objective

A firm is considering two different production technologies, A and B. Technology A has a fixed cost of ₦1000 and a variable cost of ₦200 per unit, while technology B has a fixed cost of ₦500 and a variable cost of ₦300 per unit. If the firm produces 10 units of output, what is the total cost of production for each technology?

Answer Options

Correct Answer A. Technology A: ₦4000, Technology B: ₦3500
B. Technology A: ₦3500, Technology B: ₦4000
C. Technology A: ₦4500, Technology B: ₦5500
D. Technology A: ₦5500, Technology B: ₦4500
Correct Answer
A
Correct Option:
Technology A: ₦4000, Technology B: ₦3500

About This Question

This is Post Utme Pan Atlantic University 2025 Commerce Question 32. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Commerce examination.

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