Post Utme Skyline University 2020 Geography Question 38
Practice objective / multiple choice question 38 from the 2020 Post Utme Skyline University Geography examination.
A company produces 1000 units of a product per day. The product is sold at a price of ₦500 per unit. The company's fixed costs are ₦50,000 per day, and the variable costs are ₦200 per unit. If the company wants to make a profit of ₦100,000 per day, what should be the selling price of the product?
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About This Question
This is Post Utme Skyline University 2020 Geography Question 38. It is one of the objective questions from the 2020 Post Utme Skyline University Geography examination.
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