Post Utme Unilorin 2022 Commerce Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2022 Commerce Objective / Multiple Choice
Question 30 POST_UTME_UNILORIN • 2022 • COMMERCE • objective

A company is considering two different production methods for a product. Method A requires an initial investment of ₦100,000 and produces 100 units per day. Method B requires an initial investment of ₦150,000 and produces 120 units per day. If the company wants to maximize its profits, which method should it choose?

Answer Options

A. Method A
Correct Answer B. Method B
C. Both methods are equally profitable
D. Neither method is profitable
Correct Answer
B
Correct Option:
Method B

About This Question

This is Post Utme Unilorin 2022 Commerce Question 30. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.

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