Post Utme Uniport 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Uniport Economics examination.

Post Utme Uniport 2019 Economics Objective / Multiple Choice
Question 8 POST_UTME_UNIPORT • 2019 • ECONOMICS • objective

A firm is considering investing in a new project. The project has a fixed \cost of ₦100,000 and a variable \cost of ₦50 per unit produced. If the firm expects to sell 1,000 units of the product at ₦200 per unit, calculate the firm's profit u\sing the break-even analysis.

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Uniport 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.

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