Post Utme Uniben 2022 Economics Question 22
Practice objective / multiple choice question 22 from the 2022 Post Utme Uniben Economics examination.
A firm is considering two different production processes to manufacture a product. Process A has a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit. Process B has a fixed \cost of ₦150,000 and a variable \cost of ₦30 per unit. If the selling price of the product is ₦120 per unit, which process should the firm choose?
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About This Question
This is Post Utme Uniben 2022 Economics Question 22. It is one of the objective questions from the 2022 Post Utme Uniben Economics examination.
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