Post Utme Summit University 2025 Commerce Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Summit University Commerce examination.

Post Utme Summit University 2025 Commerce Objective / Multiple Choice
Question 31 POST_UTME_SUMMIT_UNIVERSITY • 2025 • COMMERCE • objective

In a production process, the marginal cost (MC) of producing the 100th unit is ₦250. If the average cost (AC) of producing the first 100 units is ₦200, and the fixed cost is ₦10,000, what is the total cost of producing the first 100 units?

Answer Options

A. ₦22,500
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

This is Post Utme Summit University 2025 Commerce Question 31. It is one of the objective questions from the 2025 Post Utme Summit University Commerce examination.

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