Post Utme Unilag 2020 Commerce Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 25 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A firm has the following production costs: variable costs of ₦100,000 and fixed costs of ₦200,000. The firm produces 100 units of a product. What is the total cost of production?

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Unilag 2020 Commerce Question 25. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

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