Post Utme Unilorin 2023 Commerce Question 6

Practice objective / multiple choice question 6 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 6 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

A company is considering two production methods for its new product: Method A, which requires an initial investment of ₦1.5 million and produces 10,000 units per month, and Method B, which requires an initial investment of ₦2.5 million and produces 20,000 units per month. If the company wants to produce at least 50,000 units per month and the cost of production is ₦500 per unit, which method should it choose?

Answer Options

A. Method A
Correct Answer B. Method B
C. Both methods
D. Neither method
Correct Answer
B
Correct Option:
Method B

About This Question

This is Post Utme Unilorin 2023 Commerce Question 6. It is one of the objective questions from the 2023 Post Utme Unilorin Commerce examination.

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