Post Utme Ui 2023 Commerce Question 39
Practice objective / multiple choice question 39 from the 2023 Post Utme Ui Commerce examination.
A firm is considering two different production technologies: a traditional technology that produces 100 units of output per hour, and a modern technology that produces 200 units of output per hour. The traditional technology requires 10 workers, while the modern technology requires 5 workers. If the wage rate is ₦100 per hour, and the firm wants to produce 1000 units of output, which technology should the firm use?
Answer Options
About This Question
This is Post Utme Ui 2023 Commerce Question 39. It is one of the objective questions from the 2023 Post Utme Ui Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.