Post Utme Summit University 2020 Commerce Question 6
Practice objective / multiple choice question 6 from the 2020 Post Utme Summit University Commerce examination.
A company is considering two different production methods for its new product. Method A requires an initial investment of ₦5 million and produces 10,000 units per month, while Method B requires an initial investment of ₦3 million and produces 8,000 units per month. If the company expects to sell each unit for ₦2,500, what is the minimum number of months it must operate to break even?
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About This Question
This is Post Utme Summit University 2020 Commerce Question 6. It is one of the objective questions from the 2020 Post Utme Summit University Commerce examination.
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