Post Utme Unilag 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A firm is considering launching a new product. The firm has estimated the following costs and revenues for the product: Fixed costs = ₦50,000, Variable costs = ₦20,000, Revenue = ₦80,000. What is the firm's break-even point?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Unilag 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

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