Post Utme Unn 2018 Commerce Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice
Question 19 POST_UTME_UNN • 2018 • COMMERCE • objective

A firm's cost of production includes both fixed and variable costs. If the fixed cost is ₦10000 and the variable cost is ₦50 per unit, and the firm produces 100 units, what is the total cost of production?

Answer Options

A. ₦15000
B. ₦20000
Correct Answer C. ₦25000
D. ₦30000
Correct Answer
C
Correct Option:
₦25000

About This Question

This is Post Utme Unn 2018 Commerce Question 19. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

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