Post Utme Skyline University 2025 Commerce Question 32

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

Post Utme Skyline University 2025 Commerce Objective / Multiple Choice
Question 32 POST_UTME_SKYLINE_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader is considering expanding their business by hiring employees. However, they are concerned about the potential increase in costs and the impact on their personal income. What type of cost is the sole trader likely to incur by hiring employees?

Answer Options

A. Fixed cost
Correct Answer B. Variable cost
C. Semi-variable cost
D. Sunk cost
Correct Answer
B
Correct Option:
Variable cost

About This Question

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

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support