Post Utme Rhema University 2017 Commerce Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 18 POST_UTME_RHEMA_UNIVERSITY • 2017 • COMMERCE • objective

A firm is considering the production of two different products: A and B. The production costs of the two products are as follows: Product A: ₦100 per unit, Product B: ₦150 per unit. Which of the following is a correct statement about the production of these two products?

Answer Options

A. The firm should produce both products A and B.
Correct Answer B. The firm should produce only product A.
C. The firm should produce only product B.
D. The firm should not produce either product A or product B.
Correct Answer
B
Correct Option:
The firm should produce only product A.

About This Question

This is Post Utme Rhema University 2017 Commerce Question 18. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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